Friday, March 29, 2024

Nottingham-headquartered testing and inspection group acquires Singapore firm

Nottingham-headquartered Phenna Group, a group of specialist businesses focused on the Testing, Inspection, Certification, and Compliance (TICC) Sector, has made its second acquisition of 2022, and its first in Singapore, snapping up A-Star Testing & Inspection.

The new acquisition adds further strength and depth to Phenna Group’s NDT & Industrials Division.

A-Star Testing & Inspection was first established in 2008 and is a global Ship Survey and Class Approved UTM, Conventional Non-Destructive Testing, Advanced Non-Destructive Testing, Heat Treatment and Third party inspection company with its Corporate Head office in Singapore and regional offices in Malaysia, Indonesia, India and beyond.

The business boasts over 300 qualified professionals staff certified in PCN and ASNT for Advanced and Conventional Non Destructive Testing Methods, in addition to IRATA Rope Access Qualifications.

The company provides its wide range of services to blue chip clients in the Marine, Offshore, Oil & Gas, Petro-chemical and Renewables industries in Singapore and across EMEA and APAC regions. These services are endorsed by a wide range of Classification Societies, Certification Bodies & Accreditation Counsels worldwide.

Gopal Balakrishnan (Bala), CEO of A-Star, said: “I am delighted to complete our partnership agreement with Phenna Group. A-Star Group have grown consistently over the last decade and I’ve thought long and hard about both the timing and selection of securing the right partner.

“From my first meeting with Paul, Eric and David, over 2 years ago, they have remained committed to our deal structure, have acted with clarity and integrity and given me extreme confidence that our partnership will be good news for the business and will afford me the strong support I’ll need to continue our growth plans.”

Paul Barry, Group CEO of Phenna Group, said: “I’m delighted that Bala and his team have agreed to join Phenna Group. A-Star have cemented an extremely strong reputation in the Asian marketplace as a leader in their field. This landmark deal, our first partnership in Singapore, expands our growing international footprint and I’m excited to work with Bala and his team, to help deliver their very ambitious growth plans.”

Phenna Group were advised by Avonhurst (London), N8 Law LLC (Singapore), Donavan & Ho (Malaysia), Fikry Gunawarn (Indonesia), Game Changer Law Advisers (India) and RSM.

A-Star Group were advised by GCA Singapore Pte. Ltd. and PK Wong & Nair LLC.

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