Baker Tilly Corporate Finance advises Normec

Description

As of August 2021, Quality Services (QS) has joined the Normec Group. Baker Tilly Corporate Finance had the opportunity to assist Normec in this transaction. Through Baker Tilly Corporate Finance Finance's extensive network and its sector expertise of the TIC market, QS proved to be a suitable addition to Normec's portfolio.

QS: 'Solid growth for long term'

QS, through its subsidiaries QS Testing, QS Inspection and QS Certification, provides independent accredited services in the areas of testing, inspection and certification (TIC). QS services focus on plastic pipes, oil, structures, biobased products and renewable energy. Jorn Bronsvoort, Director of Quality Services said, "For the customers and employees of QS, this affiliation with Normec is an excellent opportunity to continue our solid long-term growth. We think this is a great opportunity for all parties involved, from which we expect to benefit greatly."

Normec: 'Complement to existing services'

Normec, which currently has about 2,300 employees in the Netherlands, Belgium and Germany, is a leading provider of TIC services, specializing in the fields of food, environment and construction. Joep Bruins, CEO of Normec said, "QS offers a scope of activities that are currently not yet offered by Normec Group. This puts us in an even better position to unburden our customers across the board. QS is therefore a wonderful addition to the existing services within our Life, Safety & Environment division."

Guidance by Baker Tilly Corporate Finance

During the acquisition process Normec was assisted by Corporate Finance team of Baker Tilly. Part of the team included Lorijn van Leersum (Partner Corporate Finance) and Krista Jansen (Consultant Corporate Finance).