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Socotec buys out ITM Monitoring

Testing and inspection specialist Socotec has announced that it has acquired Calyx Instruments, which is the holding company of geotechnical and structural monitoring business ITM Monitoring.

“ITM offers a service that very much complements our existing monitoring services,” said Socotec CEO Ian Sparks.

Sparks said that the acquisition supports Socotec’s ongoing ambition to become a single provider for multiple technical disciplines in the infrastructure and energy and the environment and safety sectors.

“The acquisition further strengthens our position in the UK market and provides significant opportunities within the infrastructure sector,” he said.

ITM managing director Jon Scott added: “Having seen ITM though 30 years of development, this is an exciting step for the business. We have worked with many of the Socotec team in the past and look forward to developing the clear synergies of the two organisations.

“The strength and support we now gain will undoubtedly move ITM up to a new level.”

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