SGS strengthens and diversifies its Automotive Services in the North American market with the acquisition of Advanced Testing & Engineering Inc., (ATE) based in Taylor, Michigan.
ATE is a leading independent fatigue durability testing laboratory, specialized in exhaust, suspension and emissions systems. It serves the automotive, heavy truck and motorcycle market. Founded in 2001 and privately owned, ATE employs 20 staff and generated 2013 revenues in excess of USD 5.3 million.
“I am very pleased with these two transactions” said Chris Kirk, CEO of SGS.” Combined with ETC, which we acquired in 2011, ATE and CAS expand and further diversify our vehicle and engine testing services in North America”.
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 80,000 employees, SGS operates a network of over 1,650 offices and laboratories around the world.