Applus+ strengthens its presence in the infrastructure sector in North America through the acquisition of SKC in Canada

02/12/2015

    Opens new opportunities in the North American power and civil infrastructure market. Provides access to a wide and diversified client base.

    Barcelona, 2 December 2015. - Applus+, a global testing, inspection and certification company, continues to consolidate its presence in North America with the acquisition of SKC Engineering (SKC) located in Vancouver, Canada.  
     
    SKC provides inspection and non-destructive testing services through its workforce of 30 people and boasts a wide and diversified client base in sectors such as power and civil infrastructure.  
    With more than half of SKC´s activity in consulting for material, welding and structural engineering and the remainder in non-destructive testing services, SKC complements the current North American portfolio of activity.  
     
    Annual revenue for this year is expected to be around 5 million CAD (€3.5 million). The transaction was closed yesterday and the business will join the Applus+ Energy & Industry división. 
     
    “We are delighted to have made this acquisition. It allows us to enhance our operations in the important Canadian market, complementing our geographical footprint and giving us access to a wide and diversified client and sector database”, stated Fernando Basabe, CEO of Applus+.  
     
    “To belong to one of the world sector leaders will allow us to progress and expand on the projects being developed by SKC. In addition it will increase our competitiveness in British Columbia which is a growth province for our sector”, said Mathew Smith, CEO of SKC. 
     
    For further information: 
    Applus+ Investor Relations:
    Media:
    Kreab, Madrid
    Susana Sanjuán        +34 917 027 170      ssanjuan@kreab.com
    Francisco Calderón     +34 917 027 170      fcalderon@kreab.com  
     
    About Applus+ Group 
     
    Applus+ is one of the world’s leading and most innovative companies in the Testing, Inspection and Certification sector. It provides solutions for customers in all types of industries to ensure that their assets and products meet quality, health & safety and environmental standards and regulations.  
    Headquartered in Barcelona, Spain, Applus+ operates in more than 70 countries and employs 20,000 people.  Applus+ operates through five global divisions, all of which operate under the Applus+ brand name.  For the full year of 2014, Applus+ recorded revenue of €1,619 million and adjusted operating profit of €158.8 million. 
     
    Applus+ is listed on the Barcelona, Bilbao, Madrid and Valencia stock exchanges. The total number of shares is 130,016,755. 
    ISIN: ES0105022000
    Symbol: APPS-MC
     
     
     
    For more information, please contact Francisco Calderón fcalderon@kreab.com Tel.:+34654642160