Global engineering firm snaps up Teesside’s QSI Group
Teesside-based control & software automation specialist QSI Group has been acquired by global engineering firm VINCI Energies.
QSI Group is a multi-skilled software engineering company, providing Control and Automation Solutions. The business specialises in the process industries, offering Continuous Process and Batch Control Systems (ISA S88 & GAMP) typically in large chemical, fine chemical and pharmaceutical environments.
The acquisition, finalised on Monday 31st July, will enhance the service offering of VINCI Energies’ industrial engineering brand Actemium and will enable it to expand in the continuous process industry sector.
Steve Watson, Director, QSI Group Ltd, explained the significance of the deal for the eighteen year old company.
He revealed: “This is a fantastic opportunity to develop and grow our business with the support of VINCI Energies. We are particularly excited by their business model of maintaining autonomous business units, while supporting them in their development to enable them to progress and grow.
“We believe that this is an exciting opportunity for QSI Group and look forward to continuing to support the clients we have worked with for many years and developing and progressing our unique business in the years to come.”
Rochdi Ziyat, CEO, VINCI Energies UK & RoI, added: “We are very pleased to welcome QSI Group into VINCI Energies. Our business model is perfectly suited to enable QSI to further increase their success while complementing our own focus areas.
“One of VINCI Energies’ strategic ambition is to become a major automation player in the UK and today’s announcement follows our acquisition of AND Automation in 2015.
“Our expanded market presence will enable us to respond to the rapidly growing needs of the industrial automation in the UK.”
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