Intero Integrity Services announced it has acquired The Sniffers, a longstanding service provider to the oil & gas industry and specialized in emission monitoring and pipeline integrity services.
The 90-employee company The Sniffers, founded in 1991 and headquartered in Belgium, offers emission reduction services such as LDAR and tank emission measurements, energy saving projects for flare- and steam-losses and underground pipeline integrity services.
”Intero Integrity Services provides The Sniffers with an extensive global network and access to many new customers. Our emission reduction expertise and our pipeline integrity services can now be brought to more customers around the world. The Sniffers will help them realize their environmental and sustainability ambition. Climate change conferences like COP25 and sustainability objectives provide a very positive business outlook for The Sniffers. This acquisition will accelerate our global growth opportunities,” said Rienk de Vries, CEO of Intero.
”The synergies between both companies for integrity and industrial services are promising. The services of The Sniffers will be added to Intero’s current inspection and industrial services portfolio,” also said Bart Wauterickx, CEO, The Sniffers.
Intero Integrity Services is the leading specialist for keeping oil, gas and petrochemical facilities clean, safe, well maintained and highly productive. They provide customers globally with an extensive range of inspection and industrial solutions. Intero employs 350 people and is headquartered in The Netherlands. They serve their customers through 16 offices around the world. In 2017 Intero was bought by First Reserve, a leading global private equity investment firm exclusively focused on energy. First Reserve has raised USD $32 billion of aggregate capital since inception.
The Sniffers executed over 8.000 successful projects and have 28 years of experience in the industry.
Both The Sniffers and Intero are present on the Romanian market.