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23/07/2021
SOCOTEC UK Acquires TOR Drilling
SOCOTEC UK has acquired rotary drilling specialists TOR Drilling.
With a turnover of £140 million and over 1,700 employees, the UK is the second most important geographical platform in the SOCOTEC Group after France. TOR Drilling is the fifth acquisition made by SOCOTEC UK since 2017.
Based in Glastonbury, Somerset, TOR has been involved in geotechnical, environmental and site investigation contracts since 1985 and is a specialist in in-situ bioremediation.
Nicolas Detchepare, CEO, SOCOTEC UK, said: "We are very pleased to welcome TOR Drilling. SOCOTEC UK has a long heritage of delivering high-quality services to help our clients to minimise ground-related uncertainty and risk, as well as maximising efficiencies. Capital spending on infrastructure in 2021-22 is set to total £120 billion, creating new opportunities for both construction projects and monitoring and maintenance of infrastructure. The acquisition of TOR Drilling allows us to enhance our site investigation portfolio, adding capabilities such as sonic drilling, ground remediation, slope access platform and hollow stem drilling systems, further strengthening our technical expertise in the construction sector."
Colin Reeves, TOR Drilling, said: "This is an exciting new chapter in the story of TOR Drilling, one that will enable appropriate investment to support growth, develop our infrastructure and provide significant opportunities for staff development."
With a turnover of £140 million and over 1,700 employees, the UK is the second most important geographical platform in the SOCOTEC Group after France. TOR Drilling is the fifth acquisition made by SOCOTEC UK since 2017.
Based in Glastonbury, Somerset, TOR has been involved in geotechnical, environmental and site investigation contracts since 1985 and is a specialist in in-situ bioremediation.
Nicolas Detchepare, CEO, SOCOTEC UK, said: "We are very pleased to welcome TOR Drilling. SOCOTEC UK has a long heritage of delivering high-quality services to help our clients to minimise ground-related uncertainty and risk, as well as maximising efficiencies. Capital spending on infrastructure in 2021-22 is set to total £120 billion, creating new opportunities for both construction projects and monitoring and maintenance of infrastructure. The acquisition of TOR Drilling allows us to enhance our site investigation portfolio, adding capabilities such as sonic drilling, ground remediation, slope access platform and hollow stem drilling systems, further strengthening our technical expertise in the construction sector."
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Colin Reeves, TOR Drilling, said: "This is an exciting new chapter in the story of TOR Drilling, one that will enable appropriate investment to support growth, develop our infrastructure and provide significant opportunities for staff development."
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