Applus+ acquires SAFCO, a leading construction testing and inspection services company in Saudi Arabia

21/12/2020
Applus+ is pleased to announce the acquisition of the entire share capital of Soil and Foundation Company Limited and Geotechnical and Environmental Company (together “SAFCO Group”) from the founding partners.
  • The acquisition provides Applus+ the opportunity to expand its portfolio of services in the region
  • SAFCO generated circa €29 million of revenue in 2019 and has maintained its level of activity over the first 9 months of 2020 despite the pandemic

 

Read the full announcement here.

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