Intertek Acquires International Inspection Services Ltd (INSPEC)

  Intertek Acquires International Inspection Services Ltd (INSPEC)

Business Wire

LONDON -- March 3, 2014

Intertek Group plc (Intertek), the leading global provider of quality and
safety services to a wide range of industries, announces that it has acquired
International Inspection Services Ltd (INSPEC), a leading provider of
non-destructive testing (NDT) services to the energy, oil and gas industries
based in the Middle East.

INSPEC supplies a broad portfolio of NDT services throughout all stages of the
energy, oil and gas infrastructure lifecycle from construction to operation
and maintenance to decommissioning. NDT services are vital in helping prevent
loss of productivity through unplanned shutdowns which may occur if materials,
products or equipment fail to achieve projected life span or their design
requirements. INSPEC’s NDT services comprise a mixture of traditional
non-destructive testing using X-ray alongside specialised inspection services
that use advanced technologies such as phased array, eddy current and
thermography. Their portfolio of services also extends to providing
calibration, heat treatment and metallurgical laboratory testing.

The Middle East boasts some of the largest reserves of oil and gas in the
world with increasing urbanization of its population, and consequently
investment in energy, oil and gas infrastructure in this region continues to
expand. This includes reinvestment in existing infrastructure, as well as
building new facilities that meet increasingly stringent regulatory and
quality compliance. Established in 1993, INSPEC provides the technical
expertise required to meet infrastructure quality and safety needs. Operating
across the UAE and Oman, INSPEC employs 720 staff, of which 610 are technical
experts.

The addition of INSPEC to Intertek’s acquisitions of NDT Services Ltd in the
UK and Global X-Ray & Testing Corporation in the U.S.A. allows Intertek to
offer NDT services from three key international hubs. With strong alignment to
Intertek’s asset integrity management and technical inspection services,
customers benefit from a complete service solution to meet all their
infrastructure compliance and inspection needs.

Stefan Butz, Group Executive Vice President of Intertek’s Industry & Assurance
division said: “INSPEC is our third investment in global NDT expertise,
demonstrating Intertek’s commitment to providing customers with a complete
portfolio of industrial inspection and asset integrity management services
across three key regions. I am pleased to welcome INSPEC to Intertek as an
important addition in extending our global capabilities in industrial
non-destructive testing into the Middle East and complementing our existing
technical expertise in meeting the quality and safety needs of our clients.”

NDT is a technique used to help assure safety and reliability through
detection of any flaws or defects in products or industrial components such as
pipelines, power stations, refineries and oil platforms, without disrupting
operations or delaying processes. Demand for this service has grown, driven by
increasing regulation and standardisation, extending asset lifespans and the
need to protect reputation from product failure.

About Intertek

Intertek is the leading quality solutions provider to industries worldwide.
From auditing and inspection, to testing, training, advisory, quality
assurance and certification, Intertek adds value to customers’ products,
processes and assets. With a network of more than 1,000 laboratories and
offices and over 36,000 people in more than 100 countries, Intertek supports
companies’ success in a global marketplace. Intertek helps its customers to
meet end users’ expectations for safety, sustainability, performance,
integrity and desirability in virtually any market worldwide. Visit
www.intertek.com.

About INSPEC

International Inspection Services Ltd (INSPEC), is an established NDT company
with over 21 years of experience in providing high quality inspection and
non-destructive testing services to the energy, oil and gas industry in the
Middle East. With a commitment on delivering quality services, INSPEC
expertise provides innovative solutions to a wide range of complex industry
problems. The company adheres to its corporate policy of achieving total
quality management of services and efficient practical application of those
services. Visit www.int-inspec.com.

Contact:

Intertek Industry Services
Hussain-Al-Atrakchi, +971 2 642 8005
Regional Director, MENAWA
hussain.al-atrakchi@intertek.com
or
Marketing:
Monica Tofilis, +971 2 642 8005
Marketing, MENAWA
monica.tofilis@intertek.com
or
Niki Schroeder, +1 281-364-2897
Global Marketing Manager
niki.schroeder@intertek.com
www.intertek.com
 
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