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SGS Acquires Acumax (Proprietary) Limited, South Africa

Ad Hoc AnnouncementsAcquisitionsAugust 17, 2011

SGS is pleased to announce the acquisition of Acumax (Proprietary) Limited headquartered in Gauteng, South Africa. Acumax specializes in non destructive testing (NDT), rope access services and ultrasonic inspections. Acumax serves the Industrial, Oil & Gas and Offshore industry in South Africa and the coast of Africa.

Founded in 2008 and privately owned , Acumax employs 12 highly qualified staff and revenues for the prior year were in excess of ZAR 8.1 million.

"SGS is excited by the prospect of building on the foundations of the Acumax business and investing and expanding our Industrial Services portfolio in the Southern African region", said Chris Kirk, CEO of SGS.

For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
1 place des Alpes
CH - 1211 Geneva 1
t: (+41-22) 739 95 93
f: (+41-22) 739 98 61

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognised as the global benchmark for quality and integrity. With more than 67,000 employees, SGS operates a network of over 1,250 offices and laboratories around the world.

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