Dywidag Systems International has announced a deal to buy out instrumentation and monitoring specialist Datum.
Financial details of the deal have not been released but Datum CEO Rory O’Rourke has said that the buyout will help take the business to the next level and meet demand from major infrastructure projects.
Under the agreement, all 100 Datum staff will transfer to Dywidag and O’Rourke will take on the role of global services vice president for business development with Dywidag.
Datum was set up by O’Rourke in 1999 and recorded a turnover of £11.8M in the last full financial year.
According to Dywidag Systems International global services president Sanjay Razdan, Datum is the “complete fit” for Dywidag’s business.
“Dywidag wants to offer clients cloud-based solutions for condition-based monitoring that is based on real time rather than periodic inspection.
“Datum is already doing that and can be scaled up and grow to match our business and bring value to customers,” said Razdan.