SGS ACQUIRES ATEST SA

SGS ACQUIRES ATEST SA

ID: 49587

(Thomson Reuters ONE) -
SGS /
SGS ACQUIRES ATEST SA
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SGS is pleased to announce the acquisition of Atest SA, a leading Swiss Non
Destructive Testing (NDT) company, based in Châtel-St-Denis, Switzerland.
Privately owned and founded in 2000, Atest serves the energy industry (Hydro
energy and penstock, Refineries, Public and Private pipelines) and the Rail
transportation, employing 11 team members and generating revenue in excess of
CHF 2.8 mio  in 2010.

This acquisition gives SGS all the necessary accreditations to perform Non
Destructive Testing, material testing, and inspections and to extend these
activities to nuclear plants. "I am particularly excited about this acquisition,
especially since it is based so close to our home here in Geneva" said Chris
Kirk, CEO of SGS. "It represents a new milestone in our strategy to target the
Energy sector for our Industrial Services and represents a new step in our
objective to develop our business in Switzerland."





ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification,
testing and certification services. Founded in 1878, SGS is recognized as the
global benchmark in quality and integrity. With 59'000 employees, SGS operates a
network of over 1'000 offices and laboratories around the world.


FOR FURTHER INFORMATION, PLEASE CONTACT:
Jean-Luc de Buman
Corporate Communications & Investor Relations

SGS SA
1 place des Alpes
CH 1211 Geneva 1
Tel:       +41 (22) 739 95 93
Fax:     +41 (22) 739 98 61
SGS.Investor.Relations(at)sgs.com
WWW.SGS.COM



--- End of Message ---

SGS
1 place des Alpes
P.O. Box 2152 Geneva 1 Switzerland

ISIN: CH0002497458;





SGS ACQUIRES ATEST SA:
http://hugin.info/100354/R/1471088/407947.pdf




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Source: SGS via Thomson Reuters ONE

[HUG#1471088]


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Bereitgestellt von Benutzer: hugin
Datum: 10.12.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 49587
Anzahl Zeichen: 2673

contact information:
Town:

Geneva 1



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Business News



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