SGS Acquires the Alvey Group
SGS is pleased to announce the acquisition of the Alvey Group, who is a leading independent provider of comprehensive field research services and of GPS soil sampling and testing services to the US agriculture market.
This acquisition compliments previous strategic acquisitions made in the US agriculture market in the past year and will create a platform for SGS to grow these businesses in the USA as well as international opportunities in Latin America and Europe.
Operating in the Midwest USA, the Alvey Goup comprises of Alvey Laboratories Inc., Mowers Inc., CropWatch Inc. and Alvey Agricultural Research, and employs 68 full-time and part-time staff. Founded in 1976, the Alvey Group had consolidated revenues in 2007 in excess of $6.8 million.
For further information, please contact:
Jean-Luc de Buman
Corporate Communications & Investor Relations
1 place des Alpes, CH - 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 98 61
The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognised as the global benchmark in quality and integrity.With more than 50,000 employees, SGS operates a network of over 1,000 offices and laboratories around the world.