The SOCOTEC Group is speeding up its international expansion and has announced the acquisition of ESG, the UK’s leading provider of TIC services in the Construction and Infrastructure sectors.
ESG is the UK's leading provider of testing, inspection and compliance services, offering comprehensive solutions for the Infrastructure, Built Environment and Energy & Waste sectors. The company, which employs more than 1,400 people, delivers in excess of seven million tests a year to over 5,000 customers.
ESG offers comprehensive solutions for three sectors:
- Infrastructure (including Major Projects), which generates 48% of its revenue
- Built Environment, 32% of its revenue,
- Energy & Waste sectors, 20% of its revenue.
With this acquisition, SOCOTEC will have a platform in the UK and take a pivotal step towards becoming Europe’s TIC leader in the Constructionand Infrastructure sectors. It is aiming to generate €800 million in revenue in 2020.
*TIC: Testing, Inspection, Certification