SGS and Bureau Veritas (BV) have ended talks to negotiate a merger between the two companies. Each issued a press release today, January 27, reporting that the negotiations had ended. "These discussions have stopped and did not result in an agreement despite a strong belief in the value of consolidation in the testing, inspection, and certification [...]
The VIDEOSCOPE-XT is a robust explosion-proof borescope designed for safe and precise inspections in high-risk environments. Certified by UL for Class I Division 2 and tested under MIL-STD 810G Method 511.6, as well as ATEX Zone 2, it meets the most stringent safety protocols, making it ideal for sectors such as fuel, aviation, power generation, and [...]
Farmingdale, NY- January 21, 2025 – Spectro-UV®, a leader in professional UV inspection technology, today announced the launch of its newest addition to the NANO series of UV inspection lights. The IDX-350 is a compact, professional-grade device which combines durability with unprecedented convenience and portability. The new IDX-350 addresses the growing demand for reliable, portable inspection [...]
MELVILLE, N.Y. – WEBWIRE – Thursday, January 16, 2025 Canon U.S.A., Inc. announced that its parent company, Canon Inc. announced the release of two new 1/1.8-inch CMOS sensors, the LI7070SAC (color) and LI7070SAM (monochrome), with approximately 2.12 (1,936 x 1,096) effective megapixels, for applications in categories like security, industrial, and medical uses. They boast enhanced near-infrared [...]
Specialist rope access techniques were used by technicians to access the concrete and steel components of the Grade II listed Hull tidal surge barrier during recent inspection and testing works. Working at a height of 30m, with the barrier still in operation, construction and civil engineering contractor and RSK Group company CAN carried out tactile surveys [...]
Attractive purchase multiple of 12.0x 2025 Projected Adj. EBITDA supported by high single-digit revenue growth outlook, accretive Adj. EBIT margins and accretive ROIC Accelerates the growth of Digital Intelligence by leveraging scalable technologies that drive customer productivity, reliability and safety Expands offerings with Wabtec’s existing customers in rail, mining & industrial sectors PITTSBURGH, January 14, 2025 [...]
TOMBALL, Texas--(BUSINESS WIRE)--Acuren Corporation (the "Company" or "Acuren") (OTCQX: TICA), a leading provider of asset integrity services, today announced that it had successfully completed the repricing of its $773 million term loan. The term loan was repriced at SOFR + 275, representing a 75 basis point reduction of the applicable margin. This reduction is expected to [...]
Bolton, MA, USA & Raaba, Austria – January 14, 2025 – Headwall® Group ("Headwall"), a global leader in high-performance spectral imaging solutions and optical components and a portfolio company of private equity firm Arsenal Capital Partners, is pleased to announce its acquisition of EVK DI Kerschhaggl GmbH ("EVK"), an Austria-based technology company specializing in industrial sensor-based [...]
HANGZHOU, China - Jan. 14, 2025 - DEEP Robotics, a leading Chinese developer of quadrupedal robotics, has crossed a major milestone with the deployment of its industrial-grade quadruped robot, the X30. The robot, nicknamed "SPock" within Singapore’s SP Group, is now operational in the country’s extensive underground power transmission cable network, marking it the first Chinese [...]
We are excited to announce that we are now official suppliers of Zikmund Electronics, a company from Czech Republic well known in producing high quality cameras for inspecting sewers, pipelines, boreholes, heat ducts, and other hard-to-reach areas for over 30 years now. Zikmund holds the reputation for building robust and versatile equipment designed to thrive in [...]