ZURICH -- SGS S.A. (SGSN.VX) Monday said it has acquired
U.K.-based MIS Environmental Ltd. and MIS Testing Ltd. for an
undisclosed price.
MAIN FACTS:
- MIS Environmental Ltd., founded in 1982 and privately owned,
is a leading laboratory offering a vast spectrum of experience in
asbestos, environmental and health and safety testing and
consultancy services.
- Combined with current SGS chemical testing and Climate Change
Programme, it will support the strategy, grow the network and
expand expertise into a new range of services covering the full
value chain, from field to data interpretation.
- MIS Environmental Ltd. employs 72 highly skilled staff and is
expected to generate 2013 Revenues of GBP4.2 million.
- MIS Testing Ltd., founded in 1983 and privately owned, is one
of the most important mechanical and material testing laboratories
in the UK.
- It offers a full range of mechanical testing including a
comprehensive machining service and non-destructive testing
(radiography, magnetic particle, ultrasonic).
- This acquisition is in line with the Industrial Services'
global strategy and complements the current local offering.
- MIS Testing Ltd. employs 55 experts and is expected to
generate 2013 Revenues of GBP3.7 million.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47;
zurichdjnews@dowjones.com
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