PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Applus acquires Canadian firm Technico

Applus, a Spanish multinational specialising in testing, inspection, certification and technological services, has acquired Technico, a Canadian firm specialising in non-destructive tes

Applus, a Spanish multinational specialising in testing, inspection, certification and technological services, has acquired Technico, a Canadian firm specialising in non-destructive testing and inspections on the Canadian Atlantic seaboard.

With this acquisition, Applus strengths its position in the field of non-destructive testing and increases its presence in Canada, where it has operated since 1990 from a branch in Edmonton, Alberta with a workforce of more than 100 employees.

Technico is Applus’ fourth acquisition this year. Financial details were not disclosed.

Technico began its operations in 1976, and today has 133 employees in Canada and the US. The company is headquartered in the province of New Brunswick and offers inspection, non-destructive testing and specialised engineering services to the industrial sector on the east coast of Canada and the US. The company had a turnover of more than CAD10m last year.

‘Technico’s technical capacity and experience will allow us to continue growing in the field of non-destructive testing and strengthen our position in the North American market,’ says Jorge Lluch, general manager of Applus. ‘Canada and the US are priority regions under our business plan due to the high demand for quality inspection services and the wealth of opportunities in the gas industry, energy sector and related fields.’
 
Non-destructive testing refers to the set of techniques and technologies used to monitor the status and safety of installations and objects without affecting their integrity. These inspections were originally used mainly in the petrochemical industry and related sectors and today are also used in a variety of fields, such as aeronautics, the food industry, water distribution and storage networks.

Technico will be integrated into Applus’ non-destructive testing division. This business area, known as Applus RTD, is headquartered in Rotterdam, Holland, employs more than 3,000 people and works for the world’s leading petrochemical and energy companies.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured