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SGS Acquires Oleotest NV, Belgium

Ad Hoc AnnouncementsAcquisitionsApril 04, 2018

SGS is pleased to announce the acquisition of Oleotest NV (Oleotest), based in Belgium.

Oleotest is a provider of chemical testing services in food, feed and agricultural commodities. The lab is ISO 17025 certified. Established in 1959 in Antwerp and privately owned, the company generated 2017 revenues of approximately EUR 1.5 million.

“This acquisition will provide fast entry into a complementary segment for chemical analyses, strengthening our leading position for Agriculture, Food & Life in Belgium,” said Frankie Ng, CEO of SGS.

For further information, please contact:

Julie Engelen
Investor Relations
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00

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 95,000 employees, SGS operates a network of over 2,400 offices and laboratories around the world.

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