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SGS Acquires Engineering Control Limited (ECL)

Ad Hoc AnnouncementsAcquisitionsNovember 04, 2020

SGS is pleased to announce the acquisition of Engineering Control Limited (ECL).

Ad hoc announcement pursuant to Art. 53 LR

Headquartered in New Zealand, ECL is a consultancy company focusing on process automation and functional safety of process systems across multiple industries including oil & gas, power, food & beverage and industrial cybersecurity services.

Founded in 1997 by Guy Heaysman and Greg Chapman in New Plymouth, New Zealand, ECL employs 23 staff members and generated revenues of NZ$ 7.7 million in its fiscal year to end-March 2020.

“This acquisition will complement and diversify our industrial services offering in New Zealand.” said Frankie Ng, CEO of SGS. “It enables us to provide more high-value, complex and niche services to our customers, enhancing our customer value proposition.”

For further information, please contact:

Investors: Toby Reeks
Investor Relations
t: +41 79 641 83 02

Media: Daniel Rufenacht

Corporate Communications and Sustainability
t: +41 78 656 94 59

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 89,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

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