SGS Acquires Australian Soil Testing Pty Ltd
SGS is pleased to announce the acquisition of the business of Australian Soil Testing Pty Ltd, (AST), Sydney, NSW, Australia
Based in Rockdale, AST is a construction materials and geotechnical testing laboratory. AST has a strong reputation in the delivery of high end material testing services to the civil construction, mining and engineering consulting industries. The acquisition complements the recent acquisition of the Western Geotechnics Group by adding capacity on the East Coast for construction materials testing and by expanding the service suite to address the demand for high end testing and research services from the market.
Founded 20 years ago and privately owned, AST employs 16 people and generated revenue in excess of AU$ 1.6 mio in 2009.
"This acquisition is in line with SGS's Industrial Services strategy" said Chris Kirk, CEO of SGS "and will further strengthen SGS's presence in Australasia. We are now better-positioned to serve our customers with higher value and integrated services to take advantage of the improving economic situation. "
For further information, please contact:
Jean-Luc de Buman
& 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 recognized as the global benchmark in quality and integrity. With 59,000 employees, SGS operates a network of over 1,000 offices and laboratories around the world.