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MISTRAS Group Acquires Condenser & Chiller Services, Inc.

Princeton Junction, N.J., October, 2016 - MISTRAS is pleased to announce the acquisition of Condenser & Chiller Services, Inc. (CCS). CCS is a nondestructive testing (NDT) inspection and complete heat exchanger service provider for commercial and industrial cooling and air conditioning applications. CCS subsidiary, California Finned Tube Company (Cal-Fin), a manufacturer and vendor of heat exchanger tubes, was included as part of the acquisition. Both CCS and Cal-Fin are based out of Chino (Los Angeles), California. CCS will continue to operate under its existing name.

CCS specializes in heat exchanger tube repairs, coatings, and eddy current (EC) analyses on chillers, condensers, water tube boilers, and evaporators. In addition, the company also provides ASME code welding, cooling tower maintenance, chiller tube cleaning, and retubing services. CCS inspects and repairs well over a million heat exchanger tubes a year, utilizing EC, remote video, and ultrasonic nondestructive testing (NDT) techniques.

CCS provides services throughout the United States, and has recently been contracted to perform testing and cleaning operations in Asia. The company provides inspection and repair services in high-rises, universities, hospitals, and manufacturing and chemical plants, amongst other commercial and industrial facilities. The acquisition benefits both companies, as MISTRAS bolsters its heat exchanger services while CCS gains the full complement of MISTRAS’ worldwide knowledge and resource network. CCS’ Chino office joins MISTRAS’ existing California locations in Los Angeles, Bakersfield, Cudahy, Benicia, Point Richmond, and Torrance.

“CCS has developed a strong reputation with their customers,” said Mike Lange, Vice Chairman of the Board of Directors and Senior Executive Vice President of Global Business Development, Marketing & Strategic Planning for MISTRAS Group. “CCS’ services and the industries they operate in align well with MISTRAS’ strategic direction, as we attempt to target a larger share of this competitive industry.”

“MISTRAS’ wide range of solutions greatly expands our service offerings to all phases of heat exchanger lifetimes, so we’re truly a fit for following MISTRAS’ mission as a leading “one-source” provider,” said CCS President Don Spence.

For more information on CCS, visit www.ccs-tubes.com or call (909) 613-9000.

About MISTRAS Group:
MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions.

MISTRAS uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing (DT) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (PCMS™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.

For more information, please visit the company's website at http://www.mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing Communications at marcom@mistrasgroup.com.

The information posted is as of the date indicated and, to our knowledge, was timely and accurate when posted. We are under no obligation to update or remove outdated information other than as required by applicable law or regulation.
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