|100% acquisition of shares / strategic expansion of NDT services/ Central
and Eastern Europe in focus
Cologne/Budapest, August 2, 2013. TÜV Rheinland Intercert Kft., a
subsidiary of TÜV Rheinland AG in Hungary, has acquired 100 percent of
Hungary: TÜV Rheinland Acquires Special Service Provider for Non-Destructive Testing
Minell Quality Control and Services Ltd. The company provides services in
the area of non-destructive testing for industrial clients particularly in
the energy business. With the acquisition, TÜV Rheinland strategically and
geographically expands the portfolio in Industrial Services.
“Joining forces with Minell allows us to provide a more complete set of
non-destructive testing services, especially against the backdrop of
regional expansion in Central and Eastern Europe. This will help us
increase our market share in this important sector,” said Dr Manfred
Bayerlein, Chief Executive Officer of TÜV Rheinland AG.
Minell Quality Control and Services Ltd. was established in 1994 and has a
staff of 60 employees. They provide examinations and services such
radiographic testing, ultrasonic testing, magnetic particle crack
detection, and liquid-penetrant inspection, among others. Next to
activities in Hungary, the company also serves clients in Germany,
Austria, and Russia. Minell is a member of the Hungarian Association of
Non-Destructive Testing and the Hungarian Association of Welding
Technology and Material Testing.
Petr Lahner, Chief Regional Officer Central and Eastern Europe, TÜV
Rheinland AG, stated: “With Minell, we integrate experienced new
colleagues and expand our global network of experts for the energy sector
and safety inspections of industrial plants.”
After the 2012 acquisition of Sonovation, a special service provider for
Advanced Non-Destructive Testing, TÜV Rheinland is now developing its
international specialist team for non-destructive testing even further.