EXO.L Regulatory News (EXO)

Exova Group plc

Exova acquires Jones Environmental Forensics Limited

Exova Group plc ("Exova") EXO.L, a leading global provider of testing, calibration and advisory services, announces that it has acquired Jones Environmental Forensics Limited ("Jones"), a North Wales-based independent environmental analysis business that provides testing and complex forensic analysis services in the contaminated land and water market.

Founded in 2007, Jones has built a strong reputation in the area of contaminated water and soil analysis, primarily selling its services to leading global environmental consultants, with the ultimate end customers often including major oil and petroleum producers and international mining companies. The business has a team of over 150 specialists and achieved revenues of around £8m in 2015.

Ian El-Mokadem, chief executive officer of Exova Group plc, commented: "Acquiring Jones complements our existing operations by enhancing Exova's technical expertise in environmental services and offers a great foundation for further growth in the UK and internationally. This addition to our portfolio exemplifies our strategy of providing more technically demanding services, growing our capabilities and increasing market share through carefully considered strategic acquisitions."  

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Enquiries:

Sophie Moate

Powerscourt

Telephone: +44 (0) 20 7549 0994

Diana Milford

External Communications Manager, Exova

T: +44 131 335 4373

E: diana.milford@exova.com

Exova

Exova is one of the world's leading laboratory-based testing groups, trusted by organisations to test and advise on the safety, quality and performance of their products and operations. Headquartered in Edinburgh, UK, Exova operates 137 laboratories and offices in 32 countries and employs around 4,200 people throughout Europe, the Americas, the Middle East and Asia/Asia Pacific.

Exova's capabilities help to extend asset life, bring predictability to applications, and shorten the time to market for customers' products, processes and materials. With over 90 years' experience, Exova specialises in testing across a number of key sectors ranging from Aerospace and Fire Safety Technology to Construction, Industrials, Oil and Gas, Transportation and Health Sciences.