M&A Deal Summary

Applus+ Acquires X-Ray Industries

On February 1, 2015, Applus+ acquired staffing company X-Ray Industries

Acquisition Highlights
  • This is Applus+’s 1st transaction in the Staffing sector.
  • This is Applus+’s 1st transaction in the United States.
  • This is Applus+’s 1st transaction in Michigan.

M&A Deal Summary
Date 2015-02-01
Target X-Ray Industries
Sector Staffing
Buyer(s) Applus+
Deal Type Add-on Acquisition

Target

X-Ray Industries

Troy, Michigan, United States
X-Ray Industries, Inc. provides nondestructive testing (NDT) needs of professionals in diverse industries throughout the world.

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Buyer(S) 1

Buyer

Applus+

Madrid, Spain
Category Company
Founded 1996
Sector Business Services
Employees27,218
Revenue 2.1B EUR (2023)
DESCRIPTION

Applus+ is a global certification company specializing in testing, inspection, certification, and technological services. Applus+ was incorporated in 1996 and is based in Madrid, Spain.

DEAL STATS #
Overall 2 of 20
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 2 of 17
State (Michigan) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-19 Applus - Agrofood Testing Business

Spain

Applus Agrofood Testing, is an independent food and agro-environmental testing provider in Spain. Applus Agrofood Testing is also a local reference laboratory in agro-environmental testing, with specific competence in pesticides testing.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-30 Reliable Analysis

Madison Heights, Illinois, United States

Reliable Analysis is a laboratory-based materials, component, electrical and electromagnetic compatibility (EMC) testing company. Reliable Analysis was established in 1990 and is based in Madison Heights, Illinois.

Buy €67M
Mergr

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