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Bids, Mergers and Takeovers

Exova acquires Jones Environmental Forensics

04 July 2016 07:44

Exova Group has acquired Jones Environmental Forensics Limited, a North Wales-based independent environmental analysis business that provides testing and complex forensic analysis services in the contaminated land and water market.

Founded in 2007, Jones has built a strong reputation in the area of contaminated water and soil analysis, primarily selling its services to leading global environmental consultants, with the ultimate end customers often including major oil and petroleum producers and international mining companies. The business has a team of over 150 specialists and achieved revenues of around £8m in 2015.

Exova Group chief executive Ian El-Mokadem said: "Acquiring Jones complements our existing operations by enhancing Exova's technical expertise in environmental services and offers a great foundation for further growth in the UK and internationally. This addition to our portfolio exemplifies our strategy of providing more technically demanding services, growing our capabilities and increasing market share through carefully considered strategic acquisitions."

Story provided by StockMarketWire.com

Related Company: EXO

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