Eddyfi Technologies, a Quebec, Canada-based provider of non-destructive testing (NDT) inspection technologies, acquired M2M, a Paris, France-based developer and manufacturer of phased array ultrasonic testing (PAUT) instruments for NDT.
The amount of the deal was not disclosed.
The acquisition gives Eddyfi Technologies the opportunity to enter the PAUT market with advanced technology.
Led by Philippe Benoist, president, M2M provides portable PAUT flaw detectors with real-time total focusing method (TFM) and hot, new products such as Gekko™ and Mantis™. The company employs 60 people in France, the USA, and China, and sells to major customers in industries such as oil & gas, aerospace, power generation, and manufacturing.
Led by Martin Thériault, president and CEO, Eddyfi Technologies focuses on offering high-performance NDT solutions for the inspection of critical components and assets through five complementary brands and product lines: Eddyfi, Silverwing, Teletest, TSC, and M2M.
The company serves customers in more than 80 countries in such major industries as power generation, oil & gas, aerospace, and manufacturing.
FinSMEs
08/05/2018