Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Informationsteknik |
Industri | Elektronisk utrustning |
2025-06-24 10:05:00
24 June 2025 - Nordic Inspekt Group AB, a subsidiary of ININ Group AS, has
agreed to the principal terms of an agreement to acquire Finland-based
non-destructive testing and inspection companies NDT Inspection & Consulting Oy
and Ropetech Oy.
Through this potential transaction, ININ Group's testing, inspection and
certification (TIC) business - Inspekt - will expand to the Finnish market.
Today, the business is present in Sweden and Norway.
"Our plan is to build an independent Nordic player that challenges the large
incumbents in the Nordic markets. The planned acquisition of NDT Inspection &
Consulting Oy & Ropetech Oy strengthens our team significantly and fits
perfectly with this plan, as it gives us immediate market entry to the Finnish
market," says Niklas Persson, CEO of Nordic Inspekt Group AB.
ABOUT NDT INSPECTION & CONSULTING & ROPETECH
NDT Inspection & Consulting, established in 2003, is a Finnish company
specialising in non-destructive testing (NDT) and quality assurance services.
The company offers a comprehensive range of NDT and consulting services tailored
to various industries, including energy, manufacturing, and construction.
Beyond standard NDT inspections, the company also provides drone Inspections,
rope access services for high-altitude Inspections, tank inspections and bottom
scanning, replica testing, positive material identification (PMI), condition
assessments for tanks, piping and boilers, inspection object cleaning,
installation supervision as well as quality control (QC), quality assurance
(QA), and health, safety, environment and quality (HSEQ) supervision.
NDT Inspection & Consulting's main offices are in southern Finland (Vantaa) and
northern Finland (Oulu). The company also has offices all around Finland to
offer local service, and with flexible employees and comprehensive vans and
equipment, they can serve both smaller and bigger clients as needed. The company
currently has approximately 50 employees, of which the large majority are
inspection specialists.
For the last twelve months, the two companies have delivered revenue of
approximately EUR 10 million and EBIT or EUR 2 million. The company has grown
its revenues and steadily improved its profitability in recent years.
"We are incredibly excited about the prospect of joining forces with Inspekt.
From our initial discussions, it became clear that our companies share a deep
commitment to quality, innovation, and customer satisfaction. The alignment in
our values and company culture is remarkable, and I am confident that this will
create a strong foundation for a successful future together. Becoming part of
Inspekt's Nordic vision is a fantastic opportunity for our team, and we look
forward to contributing our expertise to a larger, dynamic organization." Says
Jarno Penttilä, CEO and majority shareholder of NDT Inspection & Consulting and
Ropetech.
TRANSACTION DETAILS
The transaction is subject to customary closing conditions, board approvals,
satisfactory due diligence, and final transaction documentation. Signing of the
final share purchase agreement and closing of transaction is expected to take
place during the fourth quarter of 2025. Details of the financial terms of the
transaction will be shared following the signing of a final share purchase
agreement between the parties.
ININ Group AS is listed on Euronext Growth Oslo. The company's majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.
(ENDS)
For further information, please contact:
Patrik Egeland, CFO
Email: patrik.egeland@qben.se
About ININ Group AS
ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group create value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no
About Nordic Inspekt Group AB
Nordic Inspekt Group AB is a fast-growing leading player within testing,
inspection and certification (TIC) services in the Nordic region. The company
strives to deliver high-quality and reliable services that help customers ensure
quality and compliance with standards. For more information, please visit:
www.inspekt.se / www.inspekt.no