SGS acquires Grupo Labmat, Brazil
SGS is pleased to announce the acquisition of Grupo Labmat in Piracicaba, a major industrial centre of Sâo Paulo state.
Grupo Labmat is a leading provider of materials testing, welding and engineering services as well as metallurgy project inspections. The Group serves many markets and acts a technical support partner in particular for the infrastructure, foundry and automotive parts sectors.
Grupo Labmat operates two state of the art laboratories in Piracicaba and Guarulhos and employs 120 experts.
Privately owned, it generated 2012 revenue in excess of BRL 12 million.
“I am very happy with this acquisition, a milestone in the expansion of our Industrial Services offering in Brazil. It is in line with our strategy to deploy materials testing services throughout South America” said Chris Kirk, CEO of SGS.
For further information, please contact:
Jean-Luc de Buman
Communications & IR
1 place des Alpes
CH - 1211 Geneva 1
t: +41-22 739 91 11
f: +41-22 739 92 00
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 75,000 employees, SGS operates a network of over 1,500 offices and laboratories around the world.