SGS Acquires GMR, Spain
SGS is pleased to announce the acquisition of Gonzalo de Miguel Redondo S.L.U. (GMR). GMR provides technical support services to the automotive industry for homologation and approval of new vehicles, vehicle modifications and automotive parts.
GMR is based in Zaragoza with technical offices in Madrid and Pau (France). Founded in 1986 and privately owned, it employs 51 highly qualified staff and generates annual revenues of EUR 3.5 million. This acquisition is in line with the SGS Automotive strategy and enables SGS to further penetrate the Spanish automotive manufacturing sector.
“I am very pleased with this acquisition which allows us to seize market growth, driven by increased regulatory demands and non-EU manufacturers intending to access the EU market,” 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 80,000 employees, SGS operates a network of over 1,650 offices and laboratories around the world.