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Friday 6 September 2019
ACOEM Group has grown to become a world leader in environmental monitoring solutions, having merged in 2017 with Australian company ECOTECH, a globally recognised leader in air quality monitoring. The ACOEM Group is based in Limonest, France, and has 17 subsidiaries and offices around the world. The Group generate an annual turnover of €100 million and currently employs 750+ people globally.
DynOptic Systems are specialists in the design and manufacture of high technology instrumentation for opacity, dust, particulate and smoke monitoring. Founded in 1979 as an independent electronics design house, DynOptic Systems has evolved to become an electronics development company designing circuits and embedded software for leading industry clients. The company, through its Tunnel Sensors subsidiary, also designs and manufactures a range of air pollution monitoring equipment specifically for the tunnel market.
The corporate finance team at James Cowper Kreston provided financial and tax due diligence services to ACOEM Group prior to their acquisition of DynOptic Systems. The team’s findings assisted in ACOEM Group’s acquisition decision, supporting their UK growth plans. ACOEM Group was also advised by Blandy & Blandy on legal aspects of the transaction.
Brad McAvoy, Corporate Finance Director at James Cowper Kreston said: “ACOEM’s market leading presence in environmental monitoring solutions has expanded further in the UK with its second UK acquisition in a matter of months. It was a pleasure working with the ACOEM team again and being part of their successful growth strategy.”