Wednesday, December 7, 2011

Inspicio Acquires Pile Testing Specialists Precision Monitoring and Control

Inspicio has announced the acquisition of the independent pile testing specialists Precision Monitoring and Control Ltd (PMC).

PMC is the UK's leading independent pile testing specialist, operating nationwide in the construction sector, primarily on infrastructure projects. Its capability in diagnostic foundation engineering is complementary to Inspicio's Soil Mechanics business and will provide opportunities to cross sell between the businesses.

This latest acquisition will fit into the Inspicio Environment Division headed up by Alex Sleeth. Alex joined Inspicio on 1 October 2008 having spent the previous 20 years in various roles within National Britannia culminating in his role as Chief Executive Officer. The existing PMC management team will remain in place and the two founding directors will continue with the business on a consultancy basis.

Mark Silver, CEO Inspicio said: “After more than 20 years in the business, PMC has built up an enviable reputation in the market and is a valued addition to the Inspicio Environment Division. This is our eighth acquisition this year and clearly demonstrates the support 3i, our major shareholder since February, offers to the Group. The acquisition of PMC will enable us to expand our offerings in the Environment market both throughout the UK and internationally.”


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