10th Aug 2005 11:09
Bodycote Materials Testing Middle East announces that on 7th August 2005, anagreement was signed to acquire the Dubai based Cladding Technology and TestingLaboratory Division from GHD Global Pty. The Cladding Technology and TestingLaboratory (formerly part of the Taywood Engineering Group) is the MiddleEast's leading testing facility for building envelopes including capabilitiesto test building cladding and curtain wall systems for thermal cycling, dynamicwind loading, water infiltration tests, structural deflection tests, impacttests and acoustic testing.In terms of service development, there is extensive overlap with the workalready being conducted in Bodycote Materials Canada. Some of the key areas forservice expansion would be specific glass tests, thermal transmissivity, UVtransmission, glass impact and shock testing, full building air leakagetesting, thermal imaging of facades etc.In light of the current construction boom in the Middle East coupled with theuse of more advanced cladding technology in building designs and servicecapability range extensions, Bodycote is forecasting enhanced growth andsuccess of the business under Bodycote management.The acquisition has been effected through Bodycote's existing Joint Venturecompany in Dubai, Al Futtaim Bodycote Materials Testing Services LLC (AFBMTS)and the acquired cladding testing business will report directly in to AFBMTS asa stand-alone division. There is however considerable overlap between the staffand equipment capabilities of the cladding testing division and the existingAFBMTS business thus making it an ideal 'bolt on' acquisition.ENDBODYCOTE INTERNATIONAL PLCRelated Shares:
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