Testing and inspection firm swoops for north-west counterpart
Nottingham testing and inspection firm Phenna Group has bought Bolton-based NDT & Inspection (BNDT), weld invigilation and the radiography divisions of BNDT.
This is the first acquisition made by Phenna Group in 2021 and the third in its NDT & Industrial Services vertical.
This is the fourth acquisition which Knights’ corporate team has advised Phenna Group on in recent months, following a hat-trick of acquisitions in late 2020.
Tom Gray, partner at Knights, said: “We are pleased to have acted on another acquisition for Phenna Group, who are swiftly becoming one of the leading market players in the testing, inspection and certification space.
The transaction presented a number of challenges and we were pleased to address and overcome these, to ensure that Phenna was able to execute on the transaction successfully.”