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Sale of James Fisher Testing Services for £5.7m

2 Nov 2021 07:00

RNS Number : 9929Q
Fisher (James) & Sons plc
02 November 2021
 

2 November 2021

 

James Fisher and Sons plc

Sale of James Fisher Testing Services for £5.7m

 

James Fisher and Sons plc ("James Fisher" or the "Group"), the leading marine services provider, announces the sale of James Fisher Testing Services ("JFTS") from its Marine Support division for £5.7 million to Phenna Group.

JFTS operates a number of materials testing laboratories based in Warrington, Harlow and Portlaise, Ireland, in addition to maintaining a team of field-based technicians and engineers delivering site-specific services to the construction industry.

The sale of JFTS is consistent with James Fisher's strategy of delivering sustainable, profitable growth through market leading niche businesses in the marine, energy and defence markets.

 

 

Contacts

 

James Fisher and Sons plc

 

Eoghan O'Lionaird, Chief Executive Officer

Duncan Kennedy, Chief Financial Officer

 

020 7614 9508

FTI Consulting

 

Richard Mountain / Susanne Yule

 

0203 727 1340

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DISUARARAWUARUA
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