100% acquisition of shares / strategic expansion of NDT services/ Central and Eastern Europe in focus
Cologne/Budapest –TÜV Rheinland Intercert Kft., a subsidiary of TÜV Rheinland AG in Hungary, has acquired 100 percent of Minell Quality Control and Services Ltd. The company provides non-destructive testing services industrial clients. TÜV Rheinland has expanded their portfolio in Industrial Services.
“Joining forces with Minell allows us to provide a more complete set of non-destructive testing services, especially against the backdrop of regional expansion in Central and Eastern Europe. This will help us increase our market share in this important sector,” said Dr Manfred Bayerlein, Chief Executive Officer of TÜV Rheinland AG.
Minell Quality Control and Services Ltd. was established in 1994 and has a staff of 60 employees. They provide examinations and services such radiographic testing, ultrasonic testing, magnetic particle crack detection, and liquid-penetrant inspection, among others. Next to activities in Hungary, the company also serves clients in Germany, Austria, and Russia. Minell is a member of the Hungarian Association of Non-Destructive Testing and the Hungarian Association of Welding Technology and Material Testing.
Petr Lahner, chief regional officer Central and Eastern Europe, TÜV Rheinland AG, stated: “With Minell, we integrate experienced new colleagues and expand our global network of experts for the energy sector and safety inspections of industrial plants.”
After the 2012 acquisition of Sonovation, a special service provider for Advanced Non-Destructive Testing, TÜV Rheinland is now developing its international specialist team for non-destructive testing even further.
Hungary: TÜV Rheinland Acquires Special Service Provider for Non-Destructive Testing
Strategic expansion of NDT services
August 5, 2013