SURVEYING & INSPECTION
TSC INSPECTION SYSTEMS CONFIRMS ACQUISITION BY EDDYFI TECHNOLOGIES
This new acquisition by Eddyfi Technologies further broadens the company’s product portfolio and addressable markets.
As a world leader in advanced inspection solutions, Eddyfi Technologies is thrilled to announce the acquisition of TSC Inspection Systems.
Headquartered in Milton Keynes, UK, TSC has significantly contributed in shaping the landscape of electromagnetic testing technologies over the last 30 years. The company developed the field-proven ACFM® technology with support from BP, BG Group, Conoco, and Shell, who were keen to significantly improve the reliability of underwater inspections, reduce operator dependence, and provide auditable inspection records. Decades later, the ACFM technology is specified by owners and operators of safety-critical infrastructures worldwide and is accepted as one of the most reliable methods of detecting surface-breaking cracks in steel structures and metallic components.
The company’s StressProbe™ technology also provides highly versatile, non-contacting strain measurement systems that can operate through coatings in harsh environments, both onshore and subsea. TSC currently has 35 employees and satellite offices in Aberdeen and Singapore.
After it’s successful acquisition of Silverwing in 2016, this additional strategic transaction reinforces Eddyfi Technologies’s presence in the UK and broadens the company’s portfolio of technologies and addressable markets. Martin Theriault, President and CEO of Eddyfi Technologies says: “We will be investing significantly to advance TSC technoloiges and products, while preserving the widely recognized history of AACFM and Stressprobe. We will move the company closer to a technology provider role in better collaboration with the various players of the industry. Our wide network of sales and applications engineers will allow us to support ACFM users worldwide and offer the best to all those relying on the technology to perform surface inspections, topside and underwater. ”
With this acquisition, Eddyfi Technologies further accelerates its scaling and growth with more than 235 employees and sales in 70 countries.
Last March, Caisse de depot et placement du Quebec (CDPQ) , one of north America’s leading institutional fund managers, invested in Eddyfi Technologies to help it pursue its international growth plan. As a minority shareholder of the company, CDPQ’s investment has helped finance this new acquisition.
www.tscis.com Visit us on Stand 30
Contact TSC: Milton Keynes Aberdeen Singapore
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www.tscis.com 20/12/2016 14:34
August 2017 |
www.dockyard-mag.com | p41
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