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SGS Announces the Acquisition of Autoscope/CTOK

Ad Hoc AnnouncementsAcquisitionsFebruary 02, 2021

SGS is pleased to announce the acquisition of Autoscope/CTOK, a privately owned business operating three vehicle inspection services (VIS) centers in Le Mans, France.

In 2020, the group performed 15,000 road safety inspections and generated a turnover of EUR 0.7m.

SGS is the leading provider of vehicle testing services in France through its network comprising Auto Securité, Sécuritest, Vérif’Autos and Groupe Moreau (B.C.L. Contrôle Technique, A.S.M. Contrôle Technique and Contrôle Technique RIALTO – C.T.R.). Following this acquisition, SGS VIS France will own close to 100 VIS centers, employ approximately 230 people and perform over 375,000 inspections annually.

“This acquisition complements the acquisition of CTA Gallet and Groupe Moreau in 2020 and further consolidates SGS’s market leading position in vehicle inspection services in France,” said Frankie Ng, CEO of SGS. “It enhances our service center network across the country and provides a more comprehensive service offering for our customers.”

For further information, please contact:

Investors: Toby Reeks
SVP Corporate Communication, Sustainability & Investor Relations
t: +41 79 641 83 02

Media: Daniel Rufenacht
Group VP Corporate Communications
t: +41 78 656 94 59

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

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