Headquartered in Nottingham, UK, Phenna Group’s aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors,ensuring customers’ peace of mind by delivering first class assurance services. This is the seventh acquisition made by Phenna Group, since it was formed just over 12 months ago.
Approvals Specialists Pty Limited was formed in 2000 and includes Austest Laboratories and Approval Specialists (Hangzhou) Pty Limited, an internationally accredited group of testing laboratories. It has comprehensive facilities based throughout Australia in Sydney, Melbourne and Adelaide. Since its formation, the business has built a strong reputation as one of Australia’s leading testing companies and has grown to become the most comprehensive full service compliance testing group covering electrical safety, energy efficiency, EMC (emissions and immunity), telecoms, wireless and environmental product and component compliance serving the commercial, defence and aerospace sectors.
Martin Garwood, Managing Director of Approvals Specialists Pty Limited and Austest Laboratories will continue in his current role, alongside the company’s very experienced management team and highly skilled and qualified workforce. Martin commented, “I am hugely excited to be joining Paul and his team at Phenna Group. Since our first discussions, I was impressed by the openness of our exchanges and their autonomous business model, which resonated well. We share a common set of values and ambitious plans to grow the business in the region. I look forward to working with the Phenna Team to deliver many successful years ahead”.
Paul Barry, Group CEO of Phenna Group said: “I’m delighted that Martin has agreed to join the Phenna Group portfolio of companies. Approvals Specialists and Austest Laboratories fit closely with our strategy of creating a differentiated group of niche TICC businesses, with a global footprint and marks our first acquisition in Australia, a market I’m hugely encouraged and excited by. I’m looking forward to working with Martin and his team to support delivery of their ambitious growth plans. It also marks a fantastic start to 2020 for Phenna Group”.
Phenna Group were advised by Avonhurst (London), Aperion Law (Sydney), Fangda Partners (People’s Republic of China) and Mazars (Sydney and UK). Approvals Specialists Pty. Limited was advised by Ryan & Seton Lawyers and Saige Accountants, Australia.
For further information on Phenna Group please visit: www.phennagroup.com
For further information on Austest, please visit: www.austest.com.au