Sonomatic Limited completes asset purchase of Innospection
05/12/2022
Sonomatic Limited has announced that it has completed the asset purchase of Innospection Group. This purchase includes all assets and IP, along with the employment of all active personnel from the former Innospection Group.
The acquisition of Innospection’s technology and equipment adds patented magnetic eddy current (MEC) technology to Sonomatic’s portfolio of unique inspection technology, with an array of deployment tools, including magnetic eddy current floor scanners, magnetic eddy current pipe scanners, magnetic eddy current splash zone scanners and magnetic eddy current subsea scanners. These significantly extend Sonomatic’s selection of asset care solutions.
Alex Cesan, General Manager at Sonomatic, said: “Over the years, we have always admired Innospection as a specialist inspection provider. Innospection has shared a similar passion to solve challenging inspection solutions above and below the water line. We share a problem- solving and collaborative culture. We are excited to bring together our technologies, widening our world-leading portfolio of inspection technologies and equipment.”
Geoff Fisher, Innospection’s Managing Director, commented: “Sonomatic’s purchase of Innospection Group’s assets and MEC IP portfolio unlocks significant opportunities for the new division, bringing together, as it does, two teams with a shared passion for providing clients with leading-edge solutions to their asset integrity and inspection challenges. Sonomatic’s deep knowledge and experience of inspection technologies, software development and robotic engineering solutions, underpinned by its extensive patent portfolio, will enable the full potential of magnetic eddy current technology to be realised to the benefit of both our existing and new clients.”
The acquisition of Innospection is said to be an exciting new venture for Sonomatic; expanding the company’s inspection technologies and equipment, as well as its passionate team, works perfectly for the natural progression and growth of the business.