IPCOS, a provider of automation and optimisation services to the refining and petrochemical markets, has acquired a majority stake in Aptitude, a delivery company for the Advanced Process Control (APC) services in the same sector. The terms of the deal were undisclosed.

IPCOS, a provider of automation and optimisation services to the refining and petrochemical markets, has acquired a majority stake in Aptitude, a delivery company for the Advanced Process Control (APC) services in the same sector. The terms of the deal were undisclosed.

Aptitude, which has offices in the UK and India, will change its name to IPCOSAptitude.

Peter can Overschee, CEO of IPCOS, said: “The combined teams will accelerate the development of state-of-the-art APC technology and tools, and further increase our footprint in the APC market to refining and petrochemicals.”

Legal firm Baker Tilly Belgium helped structure the transaction. The firm was led by legal partner Anne Roucourt and legal counsel Liesbeth Gordts.

Roucourt said: “Due to its long history working with the company, Baker Tilly was familiar with IPCOS’ company spirit and was well placed to assist with the international deal.”

Baker Tilly also liaised with the UK-based lawyers assisting IPCOS and provided legal assistance on issues pertaining to Belgian law.