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Mon April 19 2021

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Exova buys BM Trada

14 May 15 Testing specialist Exova Group has acquired independent certification body BM Trada for £22m.

The 340 BM Trada employees brings Exova’s total worldwide workforce to more than 4,400.

BM Trada was created by a management buyout of the commercial arm of the Timber Research & Development Association (TRADA) in 1994. It generates annual revenues of more than £20m.

Exova managing director of building products and certification John Willox said: “The acquisition of BM Trada extends our existing certification services, creating a truly global offering and broadening our support to customers in new growth sectors and markets worldwide. The acquisition also expands our range of building products testing and extends our global reach into eight new countries.”

Edinburgh-based Exova listed on the London Stock Exchange last year.

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