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Intertek buys solar power-focused firm Aerial PV Inspection

ALN

Intertek Group PLC on Tuesday said it has acquired solar power-focused firm Aerial PV Inspection GmbH for an undisclosed sum.

Intertek is a London-based provider of assurance, testing, inspection and certification services. Its latest acquisition is based in Aachen, Germany, and inspects solar photovoltaic systems.

The deal is intended to help Intertek speed up inspections of solar plants, boosting its profile in what the firm called ‘the fastest growing form of renewable energy worldwide’.

‘Through its breakthrough drone-based technologies and proprietary digital software, AePVI is well positioned to capitalise on these powerful structural growth drivers, providing high-precision inspection that reveals defects caused by shipping, weather and other incidents during manufacturing, installation and operations,’ Intertek noted.

Chief Executive Andre Lacroix commented: ‘Solar is a vital pillar of the global energy transition, and demand for fast-paced riskbased quality assurance is intensifying. We welcome the AePVI team and look forward to seizing the exciting growth opportunities that come from combining Intertek’s industry-leading portfolio of ATIC solutions and global network with AePVI’s advanced technologies.’

Intertek shares edged up 0.5% to 4,452.00 pence around noon on Tuesday in London.

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