RINA Services acquires QIC Inc. to expand oil and gas services

GENOA, Italy -- RINA Services, a multi-national group based in Genoa, Italy, has announced the acquisition of QIC, Inc. by its U.S. subsidiary.

QIC is a testing, inspection and certification company serving major and independent operators as well as manufacturers in the energy industry. The company provides highly trained and experienced quality field inspectors, consultants, engineers and specialists to deliver customers mission-critical, quality surveillance and ensure asset integrity. Existing QIC management will continue to lead the company's operations as part of the RINA group of companies.

"We are very pleased with the outcome of this transaction and the opportunities this combination will bring to our loyal customers and employees. We could not have selected a better partner than RINA to drive expansion and take QIC to the next level," Douglas Fletcher, founder of QIC, said.

QIC will maintain its brand and operate as a RINA group company. The acquisition reflects RINA's strategy of growing by acquiring high quality companies with complementary expertise and access to new markets.

At the same time, QIC will be able to widen the range of services offered to its clients and expand into areas where RINA is already strong as a certification and classification society.