2 November 2021
James Fisher and Sons plc
Sale of James Fisher Testing Services for £5.7m
James Fisher and Sons plc ("James Fisher" or the "Group"), 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.
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.
Contacts
| James Fisher and Sons plc
| Eoghan O'Lionaird, Chief Executive Officer Duncan Kennedy, Chief Financial Officer
| 020 7614 9508 |
| FTI Consulting
| Richard Mountain / Susanne Yule
| 0203 727 1340 |
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