Intero Integrity Services acquires The Sniffers
Intero Integrity Services announced that they have acquired The Sniffers, a longstanding service provider to the oil and gas industry, specializing in emission monitoring and pipeline integrity services.
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.
According to Rienk de Vries, Intero’s CEO, the acquisition of The Sniffers “strengthens our business and is a further step in developing our environmental and sustainability goals and enhancing our presence in global key industry sectors. Their experience and credentials, together with our own, will open new possibilities in providing additional services to our current and new customers.”
The services of The Sniffers will be added to Intero’s current inspection and industrial services portfolio.
“Intero Integrity Services provides The Sniffers with an extensive global network and access to many new customers. Our team is pleased to join strengths with Intero Integrity Services and to continue our journey to growth. 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” says Bart Wauterickx, CEO of The Sniffers.
Intero employs 350 people and is headquartered in The Netherlands, with 16 offices around the world. In 2017 Intero was bought by First Reserve, a leading global private equity investment firm exclusively focused on energy.