Utrecht, Aberdeen, 18 April 2024 – Normec, a leading provider of specialized TICC services, proudly announces the acquisition of Offshore Water Management Ltd (OWM), delivering regulatory compliance and sample taking for water in marine and offshore environments. This strategic combination solidifies Normec’s presence in the UK following the acquisition of DETS & Latis and i2 and further strengthens its position as a leading pan-European TICC provider.
Founded in 2007, OWM is a globally operating authority in water management and compliance with a primary objective to ensure potable water never negatively impacts it’s client’s operations. OWM has grown to become a trustworthy partner for marine and offshore companies, fully integrated water management services. The combination between Normec and OWM is driven by a shared commitment to risk mitigation, exceptional customer service and a relentless pursuit of quality. The current and experienced team, led by Neill Crone remains involved to further drive OWM’s growth within Normec’s suatainability operations.
Joep Bruins, Founder and CEO of Normec, emphasized: “The acquisition further deepens our water related activities in the UK and North-Western Europe, with a global reach. OWM provides new opportunities to further establish our relevance in the maritime testing and compliance ecosystem in addition to Normec Maritime Testing Services and Verifavia. We are looking forward to work with Neill and the wider team, who have done an incredible job in developing OWM in the last years”.
Neill Crone, Managing Director of OWM Group: “I’m delighted that OWM has found a new home with Normec. Together we have identified the unique cross-over we have in services and expertise. The whole OWM team remains in place to continue providing best practice to our customers, now bolstered by the wider reach Normec and our new colleagues provide.”
Normec were advised on the transaction by Avonhurst (legal) and KPMG (financial and tax). OWM were advised by BCMS (M&A) and BurnessPaul (legal).
Contact info:
Normec:
Frederik Bernoski, General Counsel, frederik.bernoski@normecgroup.com or
Frank Kneepkens, M&A, frank.kneepkens@normecgroup.com
OWM Group:
Neill Crone, Managing Director OWM Group, neillcrone@owmgroup.com
