SPAIN - Carlyle-backed Applus+ acquires two companies

Both companies, devoted to non-destructive testing (NDT), are leaders in their markets and specialised in radiographic inspections (CTS) and ultrasonic testing (Ekopol). With these acquisitions, Applus+ has strengthened its presence in Europe and its position in the NDT segment of the market.

CTS and Ekopol will be integrated into Applus+'s non-destructive testing division. This business area is known as Applus+ RTD and its headquarters are in the Netherlands. It employs over 2,500 people and works with the main oil and gas companies in the world. With over 2,000 clients, the company's turnover amounted to over EUR 300m in 2008.

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• Topics
• Portfolio management
• Southern Europe