SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEE...

SGS / SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEERING CO., LTD. (HJEL) processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. Based in Yantai, in the northeastern province of Shandong, HJEL is a leading, independent, professional, industrial testing business. Founded in 1994 and privately owned, HJEL's core businesses includes non-destructive testing (NDT), material and chemical testing, and heat treatment for the power, shipping and petrochemical industries. The company has particular expertise in the testing of spherical and vertical tanks, steam turbines, generators, long-distant pipelines, civil nuclear facilities and shipping and ocean engineering. HJEL operates in 19 provinces and employs more than 120 highly qualified staff. "I am delighted to announce the purchase of HJEL. It is a new milestone in our very successful development in China and I am pleased to welcome our new colleagues to the SGS Group" said Chris Kirk, CEO of SGS. "This acquisition is fully in line with our strategy to position SGS as a key service supplier to the fast growing domestic industrial and energy sector in China." " SGS has more than 8,000 staff in China which represents our biggest market and this acquisition will further increase our exposure to and enhance our brand in the domestic industrial and power markets." It also represents our first acquisition in China and we would like to think, the first of many". 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@sgs.com WWW.SGS.COM [HUG#1444196] --- End of Message --- SGS 1 place des Alpes<br>P.O. Box 2152 Geneva 1 Switzerland ISIN: CH0002497458; SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEERING CO., LTD. (HJEL): http://hugin.info/100354/R/1444196/388008.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: SGS via Thomson Reuters ONE

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