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

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Eamonn Tighe
Nature Works LLC

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silvia Venturini Fendi
Fendi s.r.l

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X