The Marseille-based engineering group acquires a fire protection systems specialist.
Parlym announces the acquisition of the French company ISI, an expert in fire protection. This deal strengthens Parlym by completing its offering of design and delivery of specialist equipment for the petrochemical, gas, chemical, hydrogen and nuclear industries. Adding this component enables the Group to optimise its EPC offerings for clients in France, Europe and Africa.
“ We are delighted to welcome ISI’s employees into Parlym. ” said Johann Charrier, CEO of Parlym. “ Their proven expertise and technology strengthen our ability to deliver safe, high-quality solutions in industries where the safety of people and property is an objective that allows no compromise. ”
PARLYM, a major international engineering player, offers a range of services to clients wishing to carry out industrial projects of up to €80m of investment in the energy field. Employing close to 900 people worldwide, the PARLYM Group posted consolidated revenue of €120m as at 31 March 2022, on services ranging from turnkey delivery to the secondment of design office or site personnel.
Industrie Services International (I.S.I) is an engineering firm and installer specialising in the delivery of fire protection and detection systems for the most demanding industries: oil & gas; chemical and petrochemical storage; thermal and nuclear power plants; mining and cement works; metals; high-bay storage; aviation and marine.
I.S.I manufactures its assemblies in France, with mainly French and European components.
The company’s head office is in Fère-en-Tardenois, in the Aisne department (02).
In 2021, I.S.I recorded revenue of €7.3m and had 25 employees.