Eddyfi Technologies acquires PE-backed Silverwing
Eddyfi Technologies has acquired Silverwing Group, a Swansea, U.K.-based developer and manufacturer of non-destructive testing (NDT) products to inspect storage tanks, vessels and piping for corrosion. No financial terms were disclosed. Québec City-based Eddyfi, also a manufacturer of NDT products, said the deal strengthens its position in the oil and gas industry, and adds to its brands portfolio. The company now serves customers in more than 65 countries in such industries as nuclear, power generation, energy and aerospace. Silverwing has been backed by British investor NVM Private Equity since 2012.
30 May 2016•4 mins read
