Phenna Group has made its second strategic investment in continental Europe with the acquisition of IPI Srl, an Italian inspection and certification body.
Authorised by the Italian Ministry of Labour, IPI provides a range of regulatory inspection services for lifting equipment, pressure systems, electrical systems, and elevators.
In addition to these services, IPI includes a specialised certification division known as Certing, which acts as a Notified Body (2624) recognised by the European Commission. This division delivers certifications under the Machinery, Lift, and PED Directives, third-party validation in manufacturing environments, and product compliance assessments for international markets.
The addition of IPI strengthens Phenna Group’s overall technical portfolio and deepens its presence in Southern Europe as it builds a network of Testing, Inspection, Certification, and Compliance (TICC) businesses.
Giovanni Iocca, CEO of IPI, said: “Joining Phenna Group allows us to scale with strength while maintaining our specialist focus. With the support of the wider Group, we look forward to delivering even greater value and resilience for our clients.”
Phil Marshall, CEO of Phenna Group, added: “This second acquisition in Italy enhances our technical portfolio and continues our European momentum. IPI brings deep expertise and regulatory trust to our Group, a perfect complement to our expanding TICC platform.”
