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SGS Acquires Auto Sécurité Group

Ad Hoc AnnouncementsAcquisitionsAugust 02, 2005

SGS acquires Auto Sécurité Group from MAAF Assurances SA. As a result of this acquisition, SGS is now the clear leader in Statutory Vehicle Inspection Business in France.

With revenues in 2004 in excess of € 10 mio, Auto Sécurité Group operates one of the largest networks in France with more than 850 franchised testing centers.

This acquisition, which takes place after Securitest in 2004, reinforces SGS’s position in the European statutory vehicle inspection market and serves as a platform for further development in this SGS strategic market.

ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognized as the global benchmark in quality and integrity. With over 42,000 employees, SGS operates a network of almost 1,000 offices and laboratories around the world.

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1 Place des Alpes,

P.O. Box 2152, 1211,

Geneva, Switzerland