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CTI Group Acquires & Integrates NAIAS Labs

Following the acquisition of Singapore based MARITEC PTE. LTD. 4 years prior, CTI Group has acquired Greek based NAIAS Labs to further strengthen the organisation’s MARINE ENERGY TRANSITION solutions.

Picture Caption: Senior Management from CTI-Maritec and NAIAS Labs address team members to mark the momentous occasion of the full acquisition and integration of NAIAS Labs into the CTI-Maritec family in Piraeus, Greece, on 29 November 2024.

As of 29 November 2024

PIRAEUS, GREECE: Centre Testing International Group Co., Ltd. (hereinafter referred to as CTI Group) has successfully completed the full acquisition of the Greek company NAIAS SCIENTIFIC ANALYTICAL LABORATORIES SOCIETE ANONYME (hereinafter referred to as NAIAS Labs) and commenced the seamless integration of NAIAS Labs into MARITEC PTE. LTD.’s (hereinafter referred to as CTI-Maritec) network.

On 29 November 2024, senior management of CTI-Maritec, the marine arm of CTI Group, and NAIAS Labs gathered together at NAIAS Labs, to officially welcome NAIAS Labs into the CTI-Maritec family. The integration comes to fruit as a result of the focused drive to expand the company’s global network in the MARINE ENERGY TRANSITION and ENVIRONMENTAL COMPLIANCE & RISK sectors and strategically bring even greater value to clients worldwide.  

Richard Shentu, CEO of CTI Group, stated: “This M&A was driven by our shared commitment to excellence and innovation. It will strengthen our position as a global leader in marine environmental & fuel services and the upcoming SAF aviation fuels testing, and will further extend our capabilities in helping our clients navigate smoothly along the decarbonisation, environmental compliance and energy transition route. By synergizing the NAIAS’ local footprint in European markets and it’s potentiality with CTI’s robust global networks, we are poised to deliver even greater value to our clients worldwide.”

Dr. Marios Tsezos, on behalf of NAIAS Labs, stated: “Through synergy of the two entities’ robust capabilities and their  global networks, both CTI-Maritec and NAIAS Labs customers will benefit largely from the  greater accessibility to the wide-range of services & solutions offered, across the EU, Asia, Asia-Pacific and Americas regions, with faster turn-around-times, state-of-the-art know-how and technologies.”

Andreas Lougridis, the General Manager of Europe, the Middle East and Africa (the EMA Region) of CTI-Maritec, stated: “Together, joining hands with the team of NAIAS Labs, we are very excited to  further elevate, for our clients, our services of Fuel Testing & Solutions (including Biofuel & Alternative Fuels), Lube Oil Analysis, Discharge Water Compliance Services, Inventory of Hazardous Material (IHM) & IHM Maintenance Services, Responsible Ship Recycling (RSR) Supervision, Asbestos Management Solutions, NDT & UTM Services, Bunker Quantity Survey, Cargo Inspection and ISCC Certification & Energy Consultancy, among others.”

• Media Contact Email: [email protected]
• About CTI Group:  https://www.cti-cert.com/en/about/Overview | Click Here to go to CTI LinkedIn Account
• About CTI-Maritec: https://www.maritec.com.sg/about | Click Here to go to CTI-Maritec LinkedIn Account
• About NAIAS: https://www.naiaslabs.com/about-us/ | Click Here to go to NAIAS Labs LinkedIn Account