Home / Knowledge / News / Intertek buys Labs & Testing S.A. for £1.3 million
Intertek buys Labs & Testing S.A. for £1.3 million
08
Dec '11
Intertek Group plc (Intertek), the leading international provider of quality and safety services to a wide range of industries, announces that it has acquired Labs & Testing S.A. (L&T), a provider of chemical, microbiological, non-destructive testing (NDT) and environmental services based in Santiago, Chile.

L&T, a privately owned company, was purchased on 30 November 2011 for a cash consideration of £1.3 million. It provides a wide range of chemical and microbiological services primarily in the Agri and Food segments for the fishing industry and the large supermarket chains, NDT services primarily for the mining sector and water safety testing for the petrochemical industry. It employs 80 staff.

This is a further expansion of Intertek's network within the Industry and Assurance division. The acquisition of L&T broadens Intertek's Chilean and wider South American operations, bringing services to the food industry and NDT services for the first time. L&T will support Intertek's global quality and safety services offering in the Industrials Services division.

Wolfhart Hauser, Chief Executive Officer of Intertek, commented:
“This acquisition of L&T is another step in the strategic development of our South America offering. It gives Intertek broader access to the market, particularly in relation to Industrial Services and Food. I am pleased to welcome L&T's employees to Intertek and believe that this acquisition will put Intertek in a good position to benefit from the growing South American market.”

Intertek Group plc

Must ReadView All

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search