WB Alloy, the welding and cutting business headquartered in Glasgow, has expanded its operations through acquiring a 50% interest in TVC, an English data and welding inspection company.
The deal was backed by funding facilities from Barclays totalling £4.8m.
Paul Houston, director at WB Alloys, said: “The acquisition of TVC will allow us to become a global end-to-end service provider, operating at high standards and with the latest technology in the marine, nuclear, oil and gas, renewables, construction and power generation sectors.
“WB Alloy has grown by around 30% in the last three years, and we’re on target to grow by an estimated 40% by the end of 2024.”
WB is a welding consumables manufacturer which supplies a range of products for both welding and cutting applications.
TVC uses the latest technology to inspect welding, carry out laser scanning, collect data and produce detailed and technical reports which are required to adhere to today’s inspection standards.
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