SGS Acquires Atest SA
SGS is pleased to announce the acquisition of Atest SA, a leading Swiss Non Destructive Testing (NDT) company, based in Châtel-St-Denis, Switzerland Privately owned and founded in 2000, Atest serves the energy industry (Hydro energy and penstock, Refineries, Public and Private pipelines) and the Rail transportation, employing 11 team members and generating revenue in excess of CHF 2.8 mio in 2010.
This acquisition gives SGS all the necessary accreditations to perform Non Destructive Testing , material testing, and inspections and to extend these activities to nuclear plants. "I am particularly excited about this acquisition, especially since it is based so close to our home here in Geneva" said Chris Kirk, CEO of SGS. "It represents a new milestone in our strategy to target the Energy sector for our Industrial Services and represents a new step in our objective to develop our business in Switzerland."
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 67,000 employees, SGS operates a network of over 1,250 offices and laboratories around the world.
For further information, please contact:
Jean-Luc de Buman
Communications & IR
1 place des Alpes
CH - 1211 Geneva 1
t: (+41-22) 739 95 93
f: (+41-22) 739 98 61