Phenna Group buys James Fisher Testing Services for £5.7 million

Phenna Group buys James Fisher Testing Services for £5.7 million

LONDON, UK: James Fisher and Sons, 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.

James Fisher Testing Services (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.

James Fisher and Sons plc is a British provider of marine engineering services, listed on the London Stock Exchange. It also remains a major shipowner, based in Barrow-in-Furness since the 1840s.

James Fisher Testing Services is a leading provider of specialist testing services to the construction, rail, highways and maintenance sectors.

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