Focus NDT acquired by Mistras Group
Focus NDT Ltd
Sector: Non-destructive Testing
Activities: To be added
Deal type: Acquisition
Details: Adviser to vendor
Transaction Originated, Negotiated and Structured by:
Summary of Business being acquired
Focus provides a range of non-destructive testing (NDT) services primarily to organisations operating in the oil & gas and industrial sectors. Focus NDT performs its services in its Rotherham and Aberdeen laboratories, as well as onsite testing services at client premises.
Premier marketed the business to strategic buyers, generating a selection of offers, before selecting Mistras Inc as the preferred buyer.
Mistras, listed on the New York Stock Exchange, is a leading NDT Service & Equipment business. Premier negotiated and structured the transaction and provided strategic guidance right up to deal completion.