Phenna Group has acquired A-Star Testing & Inspection, marking its first partnership in Singapore and enhancing its presence in the TICC sector.

Overview of the Target

Phenna Group, headquartered in Nottingham, UK, focuses on investing in and partnering with select niche independent companies in the Testing, Inspection, Certification and Compliance (TICC) sector. The firm aims to enhance customer peace of mind by providing exceptional assurance services. The acquisition of A-Star Testing & Inspection marks Phenna’s second acquisition in the year 2022 and notably their first in Singapore, thereby strengthening their Non-Destructive Testing (NDT) & Industrials Division.

A-Star Testing & Inspection, established in 2008, has established itself as a leading global provider of ship survey and class-approved non-destructive testing services, among others. With its corporate headquarters based in Singapore and regional offices in Malaysia, Indonesia, India, and beyond, A-Star employs over 300 highly qualified professionals certified in various testing methods. The company offers extensive services to high-profile clients across industries such as marine, offshore, oil & gas, petrochemical, and renewables within the Singaporean and broader EMEA and APAC regions, all backed by numerous classification societies and accreditation bodies internationally.

Industry Overview in Singapore

The TICC industry in Singapore has shown considerable growth due to the country’s strategic location as a maritime and trade hub. With a focus on enhancing safety and compliance within various sectors, Singapore has establishe