M&A Deal Summary

NDT Corrosion Acquires International Inspection Centre Co. W.L.L

On March 4, 2019, NDT Corrosion acquired test/measurement equipment company International Inspection Centre Co. W.L.L

Acquisition Highlights
  • This is NDT Corrosion’s 1st transaction in the Test/Measurement Equipment sector.
  • This is NDT Corrosion’s 1st transaction in Kuwait.

M&A Deal Summary

Date 2019-03-04
Target International Inspection Centre Co. W.L.L
Sector Test/Measurement Equipment
Buyer(s) NDT Corrosion
Deal Type Add-on Acquisition

Target

International Inspection Centre Co. W.L.L

Sabahiya, Kuwait
International Inspection Centre Co. W.L.L is a provider of industrial non-destructive testing (“NDT”) and inspection services. International Inspection Centre Co. W.L.L is based in Sabahiya, Kuwait.

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Buyer(S) 1

Buyer

NDT Corrosion

Dammam, Saudi Arabia

Category Company
Founded 1975
Sector Business Services
DESCRIPTION

NDT Corrosion provides non-destructive testing (“NDT”) services for a range of industrial sectors including oil and gas, petrochemicals, mining, nuclear and utilities. NDT Corrosion was founded in 1975 and is based in Dammam, Saudi Arabia.


DEAL STATS #
Overall 2 of 2
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Kuwait M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-12 HI-TECH Inspection Services

Sultanate, Oman

Hi-Tech offers a complete range of non-destructive testing, post-weld heat treatment and specialized inspection services to clients in Oman engaged in the oil and gas, manufacturing and construction sectors. Hi-Tech employs over 600 specialized technicians and has an estimated market share of over 35% in Oman.

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