Intertek Group PLC
26 January 2006
26 January 2006, 7am (UK)
Intertek Group plc ('Intertek')
Intertek acquires AKZO Nobel's Electro Magnetic Compatibility Business in Japan
Intertek, the global testing, inspection and certification company, announces
the signing of an agreement to acquire the Electro Magnetic Compatibility (EMC)
business of AKZO Nobel in Japan for €13 million (£9 million) in cash. Completion
of the acquisition is expected to take place on or before 22 February 2006.
The business being acquired was created in 1983, operates out of four sites near
Tokyo and now enjoys a strong local market position. It provides a full range of
EMC testing services including emissions and immunity testing to major Japanese
manufacturers of electrical and electronic goods.
This acquisition provides an excellent platform for further growth of Intertek
in a key target country and market.
For further information, please contact
Aston Swift, Investor Relations
Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com
Tim Lynch, Tulchan Communications
Telephone: +44 (0) 20 7353 4200 intertekteam@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 certifies the
management systems of customers. Intertek has over 300 laboratories and over
14,500 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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