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Announced

Completed

Phenna Group completed the acquisition of Code A Weld Group.

Financials

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Transaction Value-
Consideration TypeCash
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Diversified Engineering Procurement Construction (EPC)

Friendly

welding test

Acquisition

Majority

United Kingdom

Completed

Single Bidder

Private

Synopsis

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Phenna Group, a growing portfolio of businesses providing testing, inspection, certification and compliance services, completed the acquisition of Code A Weld Group, which specialises in Welding Procedure and Welder Qualification Testing. Financial terms were not disclosed. “I am very excited to be partnering with Paul and the Phenna Group team. I have been taken by the transparency and ease of our discussions, alongside their autonomous business model, which was very appealing. We share a common vision for the continued growth of Code A Weld across the UK and I look forward to working with the Phenna Team to deliver a successful future for the business,” David Millington, Code A Weld Managing Director.

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