James Fisher sells materials testing services unit

Barrow-in-Furness international marine engineering company James Fisher and Sons plc announced 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,” said the Barrow firm.

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