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SGS Acquires Correl Rail Limited

Ad Hoc AnnouncementsAcquisitionsJune 17, 2011

SGS is pleased to announce the acquisition of Correl Rail Limited, Birmingham, UK.

Correl Rail Limited is an independent certification body offering verification and validation services to a broad customer base including rolling stock manufacturers, operators and component suppliers. As a permanent Notified Body, it provides certification of new, upgraded or modified rolling stock, technical assessment of products and processes, consultancy and training. "This acquisition enlarges the SGS Industrial Services offering. Through its unbeatable network, SGS will further develop these activities in Europe and abroad" said Chris Kirk, CEO of SGS.

Founded in 2001 and privately owned, Correl Rail Limited employs 22 highly qualified inspectors and engineers. In FYE March 2011, it generated revenues in excess of £2.1mio.

For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA
1 place des Alpes
CH - 1211 Geneva 1
t: (+41-22) 739 95 93
f: (+41-22) 739 98 61
Website : www.sgs.com

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognised as the global benchmark for quality and integrity. With more than 67,000 employees, SGS operates a network of over 1,250 offices and laboratories around the world.

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