James Fisher provides a range of technical services to the oil & gas and marine sectors worldwide. Group companies include Strainstall, which supplies strain gauges and load measurement sensors to provide structural monitoring and dynamic load testing of bridges and other structures.
Testconsult, which has offices in Warrington and Harlow, is a market leading provider of monitoring, instrumentation and testing services for both construction materials and structures. It also designs and produces specialist testing equipment that is used worldwide.
James Fisher said that the acquisition of Testconsult would extend and complement the range of services provided by Strainstall.
Testconsult’s earnings before interest, taxation, depreciation and amortisation (EBITDA) was £1.4m for the year ended 31 March 2014. Net assets at 31 March 2014 were £2.9m.
James Fisher chief executive Nick Henry said: "We are delighted to welcome Testconsult into the James Fisher group and we look forward to benefitting from the enlarged opportunity which the combination of Strainstall Monitoring and Testconsult will present, expanding our activities in testing and monitoring with complementary skills, products and services. We intend to build on our combined strengths, particularly in international markets."