NDT Services acquires QVS
02/03/2012
The Directors of NDT Services Ltd, Victory Park, Derby, and QVS Ltd, Winterstoke Road, Weston-super-Mare, have announced the acquisition of the QVS Ltd business by NDT Services, as from 1 February 2012. The companies are well established in the non-destructive testing industry and both are considered to be market leaders in their respective fields.NDT Services Ltd was formed as the result of a management buy-out in 1986 by the present Managing Director, Graham Tomlinson, who joined the company in 1984. NDT Services Ltd now employs over 130 people, split between the NDT and materials testing laboratories and staff employed on sites throughout the UK and Europe.
QVS Ltd was established by Dave Francis in November 1983, gaining a reputation as the UK’s leading supplier of eddy current tube testing services for a wide range of industry sectors, but with an emphasis on power generation. Both companies are said to be united in their commitment to providing highly professional, quality services at competitive prices, with rapid response times and maximum flexibility to the end-user.
The acquisition of QVS Ltd forms part of a strategic plan of growth for NDT Services, along with the previous acquisitions in 2007 of NDT businesses CoMech and Eurospection Ltd and the move to a 33,000 sq ft purpose-built head office and laboratory complex in 2011. The combination of an increase in turnover and the three acquisitions have led to NDT Services becoming known as the largest independently-owned testing company in the UK.
The QVS side of the business will continue to operate from the current Weston-super-Mare site and will be led by NDT Services’ Power Services Division Manager, Tim Cresswell. Dave Francis will continue to be involved in the business, for the next two years at least, in order to ensure a smooth transition of the business and, most importantly, continuity for the current clients.
NDT Services’ Managing Director, Graham Tomlinson, told NDT News: “The acquisition of a company with the reputation and credentials of QVS Ltd is a major boost to our own service offerings and the potential for future growth. This niche business will fit very well into our existing Power Services Division and will give us a wider scope to offer to our clients, as well as giving the existing QVS Ltd staff the opportunity to broaden their own skills and certifications.”
www.ndtservices.co.uk