Published on 17-Oct-2022

IRISNDT acquires Metlabs Australia Group of Companies

IRISNDT acquires Metlabs Australia Group of Companies

IRISNDT is pleased to announce the acquisition of the Metlabs Australia Group of Companies (“Metlabs”).  Based in Perth, WA, Metlabs has served the Mining, Fabrication/Construction and Rail markets since 2010, offering a customer driven array of inspection, repair, and maintenance services.  This is IRISNDT’s fourth investment in the Australian market following the acquisitions of Sinclair X-Ray (Melbourne, 2019), QTIC Pty Ltd (Perth, 2020), and Inspection Solutions Australia Pty Ltd (Newcastle, 2020).

“Our employees and I are very excited about joining the IRISNDT family.  We look forward to further building out our successful services model in the mining sector to the East Coast, and leveraging IRISNDT’s advanced NDT, rope access, engineering, and software solution services offerings for our customers,” said Kris Townend, owner of Metlabs.  Townend joins IRISNDT as Senior Operations Director and will remain based in Perth.

 “We are excited to welcome Kris, and all Metlabs employees and customers to the IRISNDT family.  With our combined expertise and capabilities, we are building a technically led business focused on the needs of our customers while providing opportunities for our employees to further develop their career paths.  Kris will be a growth leader in our Australian Operations, which will now comprise of over 120 engineers, technicians, and support staff,” according to Damien Clarke, Managing Director of IRISNDT’s Australian Operations.

“This latest investment underscores IRISNDT’s strategic commitment to expand in Australia, leveraging the strengths in our advanced NDT, integrity engineering and asset integrity management offerings.  IRISNDT is in growth mode, and we will continue to evaluate attractive add-on acquisition opportunities, with a specific focus on the energy and renewable sectors,” said Bret Moffett, CEO of IRISNDT.

IRISNDT (www.irisndt.com) is a privately-owned NDT, Inspection, and Integrity Engineering company with operations in the U.S.A., Canada, the United Kingdom, and Australia.  The company serves a blue-chip customer base in the refinery, petrochemical, chemical, agricultural, mining and power/renewables sectors around ongoing operational activities and maintenance turnaround projects, as well as construction and expansion projects.  The company is owned by IRISNDT employees and First Reserve, a leading global private equity firm focused on energy and related industrial markets, and following this investment, has seven branches in Australia as well as 23 in the U.S.A., nine in Canada and seven in the United Kingdom.



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