Non-Destructive Testing Group acquired by TÜV Rheinland
Scott-Macon's Industrial & Automotive Group provides M&A Services to TÜV Rheinland.August 2010
TÜV Rheinland announces the acquisition of Non-Destructive Testing Group (NDT), a full-service testing and consulting engineering firm based in Grand Rapids, Michigan. Scott-Macon’s Industrial & Automotive Group acted as the exclusive financial advisor to TÜV Rheinland in this transaction.
The acquisition folds a variety of new services into TÜV Rheinland’s portfolio and makes NDT a standalone member of TUV Rheinland of North America Group. Founded in 1991, NDT is a leading provider of aerial equipment and crane inspection, computed radiography, mechanical integrity testing and inspection, non-destructive laboratory testing, pre-cast and pre-stressed concrete testing, structural steel and building inspection and testing, and welder qualification/procedure and consulting.
About TÜV Rheinland
As a world leader in independent testing and certification services, TÜV Rheinland provides support in Germany, Europe, and abroad from development to market approval. As a holistic service provider, the organization checks and certifies the safety, performance, and quality of technical equipment, capital goods, durable goods, and consumer goods. The $1.5 billion corporation is comprised of an international network of more than 12,500 employees in 62 countries and serves most industry sectors and markets worldwide.
About Scott Macon’s Industrial & Automotive Group and M&A Services
The industrial and automotive industry group includes professionals with over 25 years of experience in providing industrial and automotive merger and acquisition, financing, valuation and strategic advisory services to a global client base. Clients have included both domestic and foreign companies involved in virtually all segments of the automotive and industrial manufacturing industry, including process control equipment manufacturers, automotive Tier I and Tier II suppliers, defense and aerospace manufacturers, and many more.
Advising clients on middle market merger and acquisitions in a broad range of industries, Scott-Macon’s M&A professionals have extensive experience. Our clients have ranged from large global corporations looking to expand their existing operations to private equity funds seeking to build a new or existing portfolio investment. Scott-Macon’s professionals custom tailor the firm’s services to meet the specific objectives for our clients, helping them to reach their individual goals.