Victanis has provided comprehensive support to SOCOTEC UK, a leading provider of risk management and compliance services to the construction and infrastructure sectors, during its acquisition of Shore, a specialist provider of building control, health and safety and Construction Design and Management Regulations (CDM) services in UK.
Shore, was first established in 2002, as a professional provider of consultancy services in relation to Building Control, Health and Safety, and Construction Design and Management Regulations (CDM), in both the commercial and residential sectors. The company, based in Essex, employs almost 40 surveyors and CDM consultants and covers any size of project from minor buildings works to complex multi-million-pound developments.
The acquisition of Shore and its highly complementary technical expertise enables Socotec to strengthen its portfolio of services available to the building and real estate market in the UK and to build on Socotec’s long heritage in the building control industry, with its roots as France’s first building inspection body set up in 1953.
Victanis, one of the few specialist advisory firms in the area of TIC (Testing, Inspection, and Certification) in Europe is supporting SOCOTEC with their growth strategy and corporate development in the UK. Following a comprehensive review of the building control and CDM markets in the UK, Victanis worked with SOCOTEC UK across the entire transaction process, from initial contact to completion.
SOCOTEC UK CEO, Nicolas Detchepare comments:
“Victanis is a key partner of Socotec in Europe. They have built a unique expertise in our services and have been instrumental with the development of our M&A strategy and the delivery of substantial growth to our UK business. The acquisition of Shore is the second transaction supported by Victanis in the UK in 2022.”
Managing director of Shore, Kevin Savage says:
“Having grown Shore over the last twenty years, I am delighted to have found a home for the business that has such clear trading synergies and the ambition to take it forward to the next level. Victanis was convinced from inception about the strategic fit and the future contribution of Shore to help develop the UK leader for building control services and their support was critical to deliver a successful transaction process”
For more information, please contact:
Marc de Thomasson