IVS expands after investment by Amcomri Group

Investment releases IVS’s untapped potential

Industrial Valve Services (IVS) is eyeing further growth as it enters its fifth decade and celebrates five successful years since being acquired by Amcomri Group.

 

IVS, whose main site is in Swansea, was given a new lease of life when it was taken over by Amcomri Group, which acquires and develops quality British engineering and manufacturing businesses.

 

Valve testing by IVSInvestment in facilities and staff at the 40-year-old company, including the appointment of managing director Steve Jones, has resulted in significant growth.

 

IVS has seen strong demand for its valve repair, refurbishment and on-site maintenance services as industrial companies seek to extend the life of their existing equipment and monitor its condition.

 

Turnover has risen by 150 per cent and headcount has increased with IVS acquiring Reliance Control Systems in 2018 and a state-of-the-art workshop facility in Pembroke in 2021.

 

“IVS was standing still five years ago, but Amcomri Group recognised its potential and by working closely together we’ve taken some big strides forward,” explained Steve Jones.

 

“A fresh focus on customers, quality and our technical expertise has helped us to attract new business from across the UK and Europe. We’re now looking to build on this very solid foundation.”

 

This transformation has been recognised by IVS’s customers, which range from multi-national companies to SMEs operating in industrial sectors including power, chemical, refining and food processing.

 

Hugh Whitcomb, CEO of Amcomri Group, said “IVS is a fantastic company and we’re proud of its achievements over the past five years.

 

“The range of services IVS provides is increasingly relevant as our customers look to maximise both the life and returns of their industrial assets and we look forward to supporting its continuing expansion.”