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SGS Acquires the Assets of Accutest Laboratories, USA

Ad Hoc AnnouncementsAcquisitionsJanuary 04, 2016

SGS is pleased to announce the acquisition of the assets and operations of Accutest Laboratories, the fifth largest full service environmental testing company in the United States. In combination with SGS’s existing operations, this creates one of the leading environmental testing laboratory businesses in the United States, the largest market in the world for environmental, health and safety services, and directly benefits our global network.

Accutest is a privately owned company founded in 1956 and is headquartered in Dayton, New Jersey. Accutest’s operations will enhance SGS’s footprint in the United States, adding over 600 highly skilled employees, a significant client portfolio and a national network of laboratories and customer service centers that spans 14 states. The operations generated revenues of USD 65 million in 2015.

“This transaction is highly complementary and builds on the scale and capabilities of SGS’s Environment, Health & Safety business in North America,” said Frankie Ng, CEO of SGS. “SGS Accutest will focus on helping customers enhance their environmental reputation, manage risk and increase business efficiency. We are committed to a seamless transition for SGS Accutest customers and ensuring the highest levels of quality and service going forward.”

For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00
www.sgs.com

About SGS

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.

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