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Mistras Group Announces Passing of Founder

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Mistras Group Announces Passing of Founder

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Mistras Group ( (MG) ) has issued an update.

On February 6, 2025, MISTRAS Group announced the passing of its founder and Chairman Emeritus, Dr. Sotirios J. Vahaviolos. Dr. Vahaviolos was a visionary leader in non-destructive testing and acoustic emission, dedicating over four decades to building MISTRAS into a global leader in testing and asset protection solutions. The company honors his legacy and assures stakeholders of a seamless transition with no changes to its management or strategic direction.

More about Mistras Group

MISTRAS Group, Inc. is a leading multinational provider of integrated technology-enabled asset protection solutions, serving industries such as oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing. The company focuses on maximizing safety and operational uptime through non-destructive testing, asset integrity engineering, and digital monitoring solutions, with a strong commitment to Environmental, Social, and Governance (ESG) initiatives.

YTD Price Performance: 13.06%

Average Trading Volume: 128,028

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $311.3M

For a thorough assessment of MG stock, go to TipRanks’ Stock Analysis page.

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