Rina acquires Edif Group

Rina S.p.A has purchased the Edif Group, which includes the ERA engineering consultancy and the NDE testing, inspection and certification business. This acquisition results in an expanded international geographic footprint for Rina, particularly in the US and UK, together with an increased profile in the oil and gas industry.

The acquisition of Edif is part of Rina’s long-term growth plan and serves to enhance the company’s services through both its certification and consulting engineering businesses; the US market, where existing Edif (ERA) and RINA (QIC) businesses operate, the combination of expertise will provide a particularly strong platform.

Ugo Salerno, CEO at RINA, said: “This acquisition is strategic and fits very well with RINA due to Edif’s profile in the oil and gas industry. The ERA engineering consultancy and the NDE testing, inspection and certification business have an excellent reputation built on excellence, much in the same way as RINA. Due to the complimentary nature of the business, integration will be straight forward, resulting in a wider geographical footprint and immediate business gains. RINA wishes to expand its business in the oil and gas industry, and with the addition of Edif expertise, I believe that we can offer enhanced value to our customers through an expanded skill base both in our engineering consultancy and our testing, inspection and certification business”.

Edited from press release by Angharad Lock

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25052016/rina-acquires-edif-group-3385/