Manchester-based British Engineering Services acquires Salford’s Nortest Ltd
British Engineering Services has today (July 29) confirmed its acquisition of Salford-based testing business Nortest Ltd.
The deal is the Manchester-headquartered engineering company’s first acquisition since it gained independence from insurer RSA in November 2015, with support from investment firm Inflexion Private Equity Partners.
Nortest, a provider of non-destructive testing, positive material examinations and welding certification services, will continue to trade from its custom-built lab on West Ashton Street.
Commenting on the transaction, the group CEO of British Engineering Services, Stewart Kay, said the move is great news for both firms and their customers.
He said: “I’m extremely proud to announce today our first acquisition as British Engineering Services.
“We are a relatively new business, but we have a long and illustrious history in our industry. With the inclusion of Nortest into our group we add additional expertise in the non-destructive testing market offering our customers increased services.”
Stewart added: “Nortest has built an enviable reputation since they started trading in 1980 and this acquisition represents an excellent addition to the British Engineering Services Group.”
The managing director of Nortest, Charles King, will remain on board in the role of business development manager.
He said of the deal: “This is a great day for the Nortest family. British Engineering Services presented a compelling description of where they wanted to take the business.
“I’m thrilled that everyone at Nortest will be part of that journey.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
When literacy thrives, businesses thrive
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity