Exova Group plc was a laboratory-based testing company, operating primarily within the Testing segment of the Testing Inspection and Certification (“TIC”) sector. It was listed on the London Stock Exchange until it was acquired by Element Materials Technology Group in June 2017.
The Exova brand was established in 2008, following a carve-out transaction from Bodycote, by funds managed by the private equity company Clayton, Dubilier & Rice for £417m in 2008.[2] Exova was subsequently listed on the main London Stock Exchange on 16 April 2014 and entered the FTSE 250 in June 2014.[3] In July 2014 the company acquired Metallurgical Services Private, an Indian testing services firm.[4] In May 2015 Exova also acquired BM TRADA, the international provider of certification schemes and building products testing services.[5]
Element Materials Technology Group announced a bid to acquire the company in April 2017;[6] the transaction completed on 30 June 2017.[7]
The British press reported in July 2017 that Exova had produced reports that allowed combustible cladding to be fitted to tall buildings "arguing fires involving combustible aluminium panels would behave similarly to ones with non-combustible ceramic tiles."[8][9] At the Grenfell Fire Inquiry, expert witness Dr Barbara Lane criticised Exova’s attitude towards residents with mobility issues, as well as its inability to respond correctly to key questions during the Grenfell refurbishment. Dr Lane said Exova’s advice was inadequate on the project and its 2012 report lacked detail on how those with mobility issues could escape. She reminded the inquiry of the views of Exova’s former principal fire engineer Dr Clare Barker, who ‘did not consider’ these people and that ‘if they did have mobility issues then maybe Grenfell Tower wasn’t the best place for them to live’.[10][11]
Exova is headquartered in Edinburgh, UK. Exova employs 4,500 people in 121 laboratories in 32 countries worldwide. The Group tests materials, components, products and systems to ensure compliance with safety, performance and quality standards. The company specialises in testing across a number of sectors including health sciences, aerospace, transportation, oil and gas, fire and construction.[12]
Exova services include calibration, chemistry and microbiology, corrosion and protection, fire, metal technology, polymers and composites, and structures and systems. Exova operates in different sectors under a number of brands, including:
^How Flammable Cladding Gets Approved BBC News 1 July 2017
^"Warrington-based Exova outlines safety standards test following Grenfell Tower blaze". Warrington Guardian. 21 July 2017. Retrieved 15 March 2017.
^"Exova criticism continues at Grenfell inquiry | Fire Protection Association". www.thefpa.co.uk. Retrieved 8 November 2022.
^Dunton2020-10-29T06:00:00+00:00, Jim. "Fire safety consultant gave 'entirely inadequate' advice, Grenfell Inquiry told". Building. Retrieved 8 November 2022.
^"Exova Supports Boeing Apache programme". Azom. 7 October 2014. Retrieved 16 February 2015.
^ abc"Bodycote goes on £30m buying spree". Manchester Evening News. 15 February 2007. Retrieved 18 February 2015.
^"Exova acquires Catalyst Environmental Limited (Exova Group Limited)". WN.com. 16 January 2014. Retrieved 18 February 2015.
^"optical strain measurement subsea pipeline testing". Pipeline and Gas Journal. July 2014. Retrieved 18 February 2015.
^"UK-based Exova Group acquires Metallurgical Services". 21 July 2014. Retrieved 18 February 2015.
External links
Official site
February 05, 2023
exova, group, laboratory, based, testing, company, operating, primarily, within, testing, segment, testing, inspection, certification, sector, listed, london, stock, exchange, until, acquired, element, materials, technology, group, june, 2017, group, limitedty. Exova Group plc was a laboratory based testing company operating primarily within the Testing segment of the Testing Inspection and Certification TIC sector It was listed on the London Stock Exchange until it was acquired by Element Materials Technology Group in June 2017 Exova Group LimitedTypeLimited companyIndustryMaterials testingFounded2008Defunct2019FateAcquired by Element Materials TechnologyHeadquartersEdinburgh ScotlandKey peoplePaul Barry Interim CEO Revenue 328 5m 2016 1 Operating income 43 5 million 2016 1 Net income 28 7 million 2016 1 Number of employees6 200 2017 ParentElement Materials TechnologyWebsitewww exova com Contents 1 History 2 Operations 3 References 4 External linksHistory EditThe Exova brand was established in 2008 following a carve out transaction from Bodycote by funds managed by the private equity company Clayton Dubilier amp Rice for 417m in 2008 2 Exova was subsequently listed on the main London Stock Exchange on 16 April 2014 and entered the FTSE 250 in June 2014 3 In July 2014 the company acquired Metallurgical Services Private an Indian testing services firm 4 In May 2015 Exova also acquired BM TRADA the international provider of certification schemes and building products testing services 5 Element Materials Technology Group announced a bid to acquire the company in April 2017 6 the transaction completed on 30 June 2017 7 The British press reported in July 2017 that Exova had produced reports that allowed combustible cladding to be fitted to tall buildings arguing fires involving combustible aluminium panels would behave similarly to ones with non combustible ceramic tiles 8 9 At the Grenfell Fire Inquiry expert witness Dr Barbara Lane criticised Exova s attitude towards residents with mobility issues as well as its inability to respond correctly to key questions during the Grenfell refurbishment Dr Lane said Exova s advice was inadequate on the project and its 2012 report lacked detail on how those with mobility issues could escape She reminded the inquiry of the views of Exova s former principal fire engineer Dr Clare Barker who did not consider these people and that if they did have mobility issues then maybe Grenfell Tower wasn t the best place for them to live 10 11 Operations Edit Exova Pharma Mississauga Ontario Canada Exova is headquartered in Edinburgh UK Exova employs 4 500 people in 121 laboratories in 32 countries worldwide The Group tests materials components products and systems to ensure compliance with safety performance and quality standards The company specialises in testing across a number of sectors including health sciences aerospace transportation oil and gas fire and construction 12 Exova services include calibration chemistry and microbiology corrosion and protection fire metal technology polymers and composites and structures and systems Exova operates in different sectors under a number of brands including Exova Warringtonfire 13 Exova Metech 13 Warrington Certification 13 Exova Catalyst 14 Exova RPC 15 Exova Metallurgical Services 16 Exova BM Trada 5 References Edit a b c Preliminary Results for year ended 31 December 2016 PDF Exova Retrieved 3 February 2017 Bodycote lifted by sale of testing business The Daily Telegraph 29 August 2008 Retrieved 25 June 2014 Exova edges above IPO pricing Scotsman 12 April 2014 Retrieved 25 June 2014 Exova Buys Indian Testing Services Firm Barron s 21 July 2014 Retrieved 24 August 2014 a b Exova buys BM Trada in 22 million deal Herald Scotland 14 May 2015 Retrieved 28 April 2016 Element Materials agrees 620m deal for lab tester Exova FT 19 April 2017 Retrieved 25 June 2017 Official Offer Documents How Flammable Cladding Gets Approved BBC News 1 July 2017 Warrington based Exova outlines safety standards test following Grenfell Tower blaze Warrington Guardian 21 July 2017 Retrieved 15 March 2017 Exova criticism continues at Grenfell inquiry Fire Protection Association www thefpa co uk Retrieved 8 November 2022 Dunton2020 10 29T06 00 00 00 00 Jim Fire safety consultant gave entirely inadequate advice Grenfell Inquiry told Building Retrieved 8 November 2022 Exova Supports Boeing Apache programme Azom 7 October 2014 Retrieved 16 February 2015 a b c Bodycote goes on 30m buying spree Manchester Evening News 15 February 2007 Retrieved 18 February 2015 Exova acquires Catalyst Environmental Limited Exova Group Limited WN com 16 January 2014 Retrieved 18 February 2015 optical strain measurement subsea pipeline testing Pipeline and Gas Journal July 2014 Retrieved 18 February 2015 UK based Exova Group acquires Metallurgical Services 21 July 2014 Retrieved 18 February 2015 External links EditOfficial site Retrieved from https en wikipedia org w index php title Exova amp oldid 1120770278, wikipedia, wiki, book, books, library,
