SGS is pleased to announce the acquisition of the soil, leaf, fertilizer and water testing activities of CAL based in Cape Town, South Africa. Previously part of the Astral Foods Group, the business is a leader in the precision agriculture sector in South Africa.
This acquisition strengthens SGS capacity and capabilities in Southern Africa and complements other recent acquisitions in the precision farming sector including the Alvey Group in the USA, acquired earlier this year.
"This acquisition is part of our strategy to penetrate the growing area of sustainable farming" said Chris Kirk, CEO of SGS.
The CAL laboratory has revenues in excess of ZAR 7.5 million and 14 employees.
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 more than 67,000 employees, SGS operates a network of over 1,250 offices and laboratories around the world.