Intertek makes acquisition from BASF
By BFN News | 09:14 AM | Tuesday 06 April, 2010
Intertek Group - a leading provider of quality and safety services to a wide range of industries - has acquired the regulatory and safety testing businesses of Ciba Expert Services from BASF.
The gross assets acquired are approximately £4m and the revenue that the business will generate is expected to be around £20m in the first year.
Ciba ES provides services in two segments: regulatory testing and consulting services; and environmental and safety testing, to companies in industries including pharmaceutical, chemical, food, healthcare, consumer product and agriculture.
The business employs around 200 people across Switzerland, Canada, UK, China, India, Brazil, Italy and Japan and offers a range of services and expertise complementary to Intertek Group's services and clients.
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