Acquisition

Intertek Group PLC 10 May 2004 Embargoed until 7am, 10 May 2004 Intertek Group plc Intertek acquires Entela Inc Intertek Group plc ('Intertek'), the global testing, inspection and certification company, announces the acquisition of 100% of the issued share capital of Entela Inc ('Entela'), a US automotive components testing company, for US$26.5m (£15.0m). Entela's turnover for 2003 was US$22.9m (£12.9m) and operating profit was US$2.9m (£1.6m). Entela will be part of the ETL SEMKO division of Intertek. The consideration is being satisfied by US$24.1m (£13.6m) in cash and the issue of 256,622 Ordinary Shares of 1p in Intertek with a value of US$2.4m (£1.4m). Accordingly, application has been made to the UK Listing Authority for these shares to be admitted to the Official List and to the London Stock Exchange. Dealings in the new shares are eligible to commence on 11 May 2004. Entela is a leading automotive testing, product certification and systems registration company with an extensive range of industry accreditations. Its strength in the automotive market, both in electrical and electronic automotive parts testing, will complement Intertek's own testing and certification business. The market for electrical and electronic car components is growing and this will provide synergies with ETL SEMKO's testing capabilities. Entela was founded in 1974 and has developed strong capabilities in the testing of automotive parts. At present its business is predominantly based in the USA, with offices in Canada and Taiwan. Entela is owned by its management and employees and is led by Ms Kim Phillipi who has been with the business for 20 years. She and the rest of the management team will continue to run the business under Intertek. Chief Executive Officer, Richard Nelson commented, 'This is an exciting opportunity for Intertek. Entela brings to our ETL SEMKO division new technology and testing skills and new customers in the automotive industry. Intertek will be able to provide Entela with the resources and global infrastructure to grow both in North America and internationally'. For further information, please contact Aston Swift, Treasurer and Investor Relations Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com ------------------------ Katie Macdonald-Smith, Tulchan Communications Telephone: +44 (0) 20 7353 4200 intertek@tulchangroup.com ------------------------- Corporate website: www.intertek.com ---------------- High resolution images of Intertek Group plc businesses are available to download, free of charge from www.vismedia.co.uk. ------------------ About Intertek Intertek is a leading international testing, inspection and certification organisation which assesses customers' products and commodities against a wide range of safety, regulatory, quality and performance standards and in some cases, certifies the management systems of customers. Intertek has over 270 laboratories with more than 11,000 people around the world and is increasingly undertaking outsourced testing work for its customers. This information is provided by RNS The company news service from the London Stock Exchange
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