Normec, a leading pan-European provider of Testing Inspection Certification and Compliance (TICC) services, and backed by private equity investor Astorg, makes its first investment directly into the UK market through the acquisition of i2. This gives the group immediate scale in the UK and cements its position as a leading European TICC service provider.
Established in 2004, i2 is a remarkable growth and success story. Led by founder Les Jones i2 is an industry leading UK headquartered provider of environmental, site services, construction materials and food testing services. The company has established market leading laboratory testing facilities in the UK and continental Europe and offers a comprehensive suite of testing capabilities and accreditations with a rigorous focus on customer service.
Crowe acted as lead advisor to the shareholder of i2 Analytical.
“Matteo’s advice, support and proactive willingness to be available throughout our sale process has been nothing short of exceptional. Matteo’s balanced approach has created an aligned value proposition with our new owners and one in which myself and our management team are looking forward to with real optimism. Exciting time ahead!”
Les Jones, Founder and CEO, i2 Analytical