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SGS Acquires MinnovEX Technologies Inc

Ad Hoc AnnouncementsAcquisitionsAugust 02, 2005

SGS is pleased to announce the acquisition of MinnovEX Technologies Inc, a Canadian company with its head office in Toronto, Canada.

MinnovEX is the global market leader in the application of unique metallurgical technologies to optimise plant and asset performance in the mining sector. MinnovEX uses metallurgical testing, innovative process control models and simulations to maximise client return from their mining activities. With revenues of CAD 10mio and more than 50 employees in Canada, Brazil, South Africa and Chile, MinnovEX’s technical expertise will be integrated with that of SGS Lakefield Research, thus strengthening SGS Minerals’ position as the key provider of metallurgical services worldwide. We view this very positively, and look forward to realizing the synergies that will result.

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.

  • SGS Headquarters

1 Place des Alpes,

P.O. Box 2152, 1211,

Geneva, Switzerland