Irwin Mitchell Advises On The Latest Deal For Fast-Growing Midlands Firm
Nottingham-headquartered Phenna Group partners with a range of independent testing, inspection, certification and compliance (TICC) businesses across a variety of sectors, and has completed its latest acquisition of CELTEST.
Formed in 1980, CELTEST is an independent UKAS ISO 17025 accredited quality materials testing business, based out of North Wales.
Its range of services includes testing aggregates, soils, water, bituminous materials, concrete and hydraulically bound mixtures both in-situ and in their UKAS accredited laboratories for any construction, civil engineering, infrastructure or quarrying project.
Corporate partner at Irwin Mitchell, Nick Dawson, along with Senior Associate, Matt Smith, advised Phenna Group on the transaction.
Expert Opinion“Irwin Mitchell recently advised Phenna Group on its acquisition of Pavement Testing Services and we are delighted to work with the team on what is their sixth acquisition in the sector.
“This deal represents another important milestone for the Phenna Group and we look forward to supporting the business in the future as it continues to expand within the TICC sector across the UK and the rest of the world.”
Matt Smith - Senior Associate Solicitor
Paul Barry, Group CEO of Phenna Group said: “I am very pleased that Eric and Gary have chosen to partner with Phenna Group. They have developed a great business over the years and one that will augment our growing presence in the UK construction and infrastructure marketplace. Their range of services are highly complementary to others in our Group and I very much look forward to supporting the team to deliver their exciting growth plans”
Eric Goulden, Managing Director of Celtest, added: “I am pleased and excited to partner with Phenna Group. Our business has grown steadily over a number of years and has a real ‘family feel’ to it, so finding a partner that understood our culture was critical in our decision making. Both my business partner and I found Paul and his team easy to deal with, acting with integrity throughout the process and giving us confidence we had made the right decision. We are looking forward to continuing our future growth story with Phenna’s support.”