SGS Acquires Brazil-Based Grupo Labmat For Undisclosed Sum
04 March 2013 - 8:55PM
Dow Jones News
ZURICH -- SGS S.A. (SGSN.VX) Monday said it has acquired Grupo
Labmat, a leading Brazil-based provider of materials testing,
welding and engineering services as well as metallurgy project
inspections for an undisclosed sum.
MAIN FACTS:
- The Group serves many markets and acts a technical support
partner in particular for the infrastructure, foundry and
automotive parts sectors.
- Grupo Labmat operates two state of the art laboratories in
Piracicaba and Guarulhos and employs 120 experts.
- Privately owned, it generated 2012 revenue in excess of BRL12
million.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47;
zurichdjnews@dowjones.com
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