Intero Integrity Services acquires The Sniffers
Published by Lydia Woellwarth,
Intero Integrity Services is pleased to announce that the company has acquired The Sniffers, a longstanding service provider to the oil and gas industry and specialised in emission monitoring and pipeline integrity services.
The Sniffers, founded in 1991 and headquartered in Belgium, offers emission reduction services such as LDAR and tank emission measurements, energy saving projects for flare- and steam-losses and underground pipeline integrity services. Through 750 projects every year, the 90 specialists of The Sniffers bring best-in-class services to a variety of oil and gas companies around the world.
According to Rienk de Vries, Intero’s CEO, the acquisition of The Sniffers “strengthens our business and is a further step in developing our environmental and sustainability goals and enhancing our presence in global key industry sectors. Their experience and credentials, together with our own, will open new possibilities in providing additional services to our current and new customers.”
“Intero Integrity Services provides The Sniffers with an extensive global network and access to many new customers. Our team is pleased to join strengths with Intero Integrity Services and to continue our journey to growth. Our emission reduction expertise and our pipeline integrity services can now be brought to more customers around the world. The Sniffers will help them realise their environmental and sustainability ambition. Climate change conferences like COP25 and sustainability objectives provide a very positive business outlook for The Sniffers. This acquisition will accelerate our global growth opportunities” says Bart Wauterickx, CEO of The Sniffers.
Intero Integrity Services is proud to have acquired The Sniffers. The synergies between both companies for integrity and industrial services are promising. The services of The Sniffers will be added to Intero’s current inspection and industrial services portfolio.
Intero Integrity Services is a specialist for keeping oil, gas and petrochemical facilities clean, safe, well maintained and highly productive. The company provides customers globally with an extensive range of inspection and industrial solutions. Intero employs 350 people and is headquartered in the Netherlands. The company serves its customers through 16 offices around the world. In 2017 Intero was bought by First Reserve, a global private equity investment firm exclusively focused on energy. First Reserve has cultivated an enduring network of global relationships and raised US$32 billion of aggregate capital since inception.
Read the article online at: https://www.worldpipelines.com/business-news/18122019/intero-integrity-services-acquires-the-sniffers/
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