REG - Fisher (James) - Sale of James Fisher Testing Services for £5.7m

James Fisher And SonsAnnouncement

02/11/2021 07:00

RNS Number : 9929Q
  
Fisher (James) & Sons plc
  
02 November 2021
  
 

2 November 2021
 
James Fisher and Sons plc
Sale of James Fisher Testing Services for £5.7m
 
James Fisher and Sons plc ("James Fisher" or the "Group"), the leading marine services provider, announces the sale of James Fisher Testing Services ("JFTS") from its Marine Support division for £5.7 million to Phenna Group. 
JFTS operates a number of materials testing laboratories based in Warrington, Harlow and Portlaise, Ireland, in addition to maintaining a team of field-based technicians and engineers delivering site-specific services to the construction industry.  
The sale of JFTS is consistent with James Fisher's strategy of delivering sustainable, profitable growth through market leading niche businesses in the marine, energy and defence markets.
 
 
Contacts
 



James Fisher and Sons plc
 


Eoghan O'Lionaird, Chief Executive Officer
Duncan Kennedy, Chief Financial Officer
 


020 7614 9508




FTI Consulting
 


Richard Mountain / Susanne Yule
 


0203 727 1340



  

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