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Tuesday, October 26, 2021Sector

SGS acquires french laboratory IDEA Tests

SGS rachète le laboratoire français IDEA Tests

The Swiss group SGS, expert in inspection, analysis, certification and control of industrial products, has announced the acquisition of the French laboratory IDEA Tests, specialized in clinical, microbiological and in-vitro tests for the cosmetic industry.

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Idea Tests is also specialized in regulatory services. The group has several entities based in France but also in Romania.

“This acquisition supports our strategic evolution by further aligning our global network with key ICT (Testing, Inspection and Certification) megatrends and customer demand. It provides us with a strong clinical, microbiological and in-vitro testing capability in France and enables us to offer enhanced services to the strategic cosmetics and hygiene markets,” said Frankie Ng, CEO of SGS.

The acquisition is subject to customary closing conditions and is expected to close in December 2021.

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