Category: Insights

CRC Evans inspection business sold to strategic buyer

January 11th, 2024 by

CRC Evans is pleased to announce that it has signed an agreement for the Sale of its Quantive Group inspection business, for an undisclosed sum, with completion expected to formally take place in January.

Proceeds from the divestment significantly enhance CRC Evans’ capital position, which will support the company’s growth and strengthen focus on its core welding and coating service delivery. The move is aligned with the Group’s overall strategy and reinforces CRC Evans’ commitment to becoming the preferred partner for the evolving global energy and wider infrastructure sectors.

For the buyer, the acquisition of Quantive Group helps to consolidate its standing in the inspection market. Both companies are market leaders with complementary core competencies and customer-centric approach with a strong foundation in operational excellence and safety, which will help to ensure a seamless transition and uninterrupted service and support for clients.

The Transaction comprises the Sale by CRC Evans of its shareholdings in the Quantive Group LLC, together with associated subsidiaries.

CRC Evans appoints Leon Dashwood as Strategic Growth Director

November 16th, 2023 by

CRC Evans is pleased to announce the appointment of Leon Dashwood as Strategic Growth Director, further strengthening the company’s senior leadership team.

Reporting to CEO, Frederic Castrec, and a member of the Group’s Executive Committee, Mr. Dashwood will play a key role in delivering CRC Evans’ growth strategy. He will work closely with senior leaders to drive business development activities related to new opportunities and markets, accelerating the company’s growth and diversification plans and positioning CRC Evans as a market leader across the global energy and wider infrastructure sectors.

Commenting on his appointment Mr Dashwood said “It is a very exciting time to join the CRC Evans business, when there is tremendous scope to expand our offering. There is a growing demand for clean energy solutions and CRC Evans has teams in strategic locations, fully operational and ready to support our customers on a truly global scale.

“I look forward to working with Frederic to capitalise on the company’s proven track record and strengthen our foothold in the evolving energy markets.”

Frederic Castrec, CRC Evans CEO, said: “Leon is a strong addition to the CRC Evans leadership team. His input and experience will help to grow our global market position and extend our specialist welding and coating services, technologies, and high-performance equipment across new sectors in the growing energy and infrastructure markets.

“I look forward to working with Leon as we implement effective strategies to ensure that we can meet our ambitious growth plans.”

Mr Dashwood brings a wealth of experience and expertise from 17 years in the global energy sector. He previously held the position of Regional Managing Director for Enerpac Tool Group (NYSE – EPAC), a leading industrial tools and service business based in Dubai, overseeing sales and operations across the Middle East, North Africa and Caspian regions.