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SGS Announces the Acquisition of AIEX in France

Ad Hoc AnnouncementsAcquisitions, Ad hoc announcement pursuant to Art. 53 LRMay 11, 2022

SGS is pleased to announce the acquisition of AIEX, based in Cherbourg, France, further enhancing our portfolio of services for the nuclear energy sector.

Founded in 1998, AIEX provides mainly technical and welding inspection services to the nuclear and marine industries in France. The company employs 28 highly skilled staff and generated approximately EUR 2.9 million of revenue in 2021.

Frankie Ng, CEO of SGS, said: “The acquisition of AIEX adds complementary inspection capabilities to our existing testing expertise, supporting sustainable nuclear energy production in France and helping to reduce dependence on fossil fuels.”

For further information, please contact:

Toby Reeks

Investors

Toby Reeks

Investor Relations
Magali Dauwalder

Media

Magali Dauwalder

Media Relations

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 96,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.

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