SGS Acquires UK-Based Baseefa Limited For Undisclosed Sum
07 December 2011 - 5:58PM
Dow Jones News
SGS S.A> (SGSN.VX) Wednesday said it has acquired Buxton,
U.K.-based Baseefa Limited, a world-renowned certification body for
equipment in hazardous environments, for an undisclosed sum.
MAIN FACTS:
- In addition, Baseefa operates a testing laboratory and offers
training courses in safety in hazardous environments.
- Baseefa Limited has operated as a private company since
2001.
- Prior to that, it was a part of the UK Health and Safety
Executive a government body, and it employs 31 staff, with revenue
this year expected to be 3 million pounds.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47;
zurichdjnews@dowjones.com
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