Intertek Group PLC
07 January 2008
Stock Exchange Release
7 January 2008, 7am London, UK
Intertek acquires Electrical Mechanical Instrument Services (UK) Ltd
Intertek Group plc (Intertek), the leading international provider of quality and
safety services to a wide range of industries, announces the acquisition of
Electrical Mechanical Instrument Services (UK) Ltd (EMIS), the operator of oil
and gas industry calibration businesses in the UK, Qatar and the United Arab
Emirates (UAE).
Intertek purchased EMIS from its shareholder Joseph O'Neil for a cash
consideration of GBP0.9m. EMIS provides calibration services to the oil and gas
industries at off-shore and on-shore oil and gas fields and laboratory sites.
Calibration, or the process of adjusting instruments to ensure the accuracy of
their measurements and analysis, is critical in the oil and gas sector,
particularly during exploration and production (E&P) stages to assess and
analyse flow and yield, and identification of hydrocarbons and raw products.
EMIS' customers include E&P companies, major oil companies and related service
customers in the upstream sector.
The acquisition will enable Intertek to increase the penetration of its existing
calibration and other upstream services to the industry, in Europe, and the
Middle East. EMIS has nineteen employees including those in the two joint-
venture businesses in Qatar and the UAE. The acquisition will form part of
Intertek's Analytical Services division.
Wolfhart Hauser, Chief Executive Officer of Intertek, commented:
'EMIS' relationships and support to oil and gas clients in the UK and the Middle
East, coupled with Intertek's global footprint, existing relationships and
services in this sector will create a compelling and integrated global
calibration solution for this industry'.
-ends-
Contacts
Aston Swift / Sarah Ogilvie Intertek
Telephone: +44 (0) 20 7396 3400
aston.swift@intertek.com / sarah.ogilvie@intertek.com
Richard Mountain / Susanne Yule, Financial Dynamics
Telephone: +44 (0) 20 7269 7121
richard.mountain@fd.com / susanne.yule@fd.com
Notes to Editors
ABOUT INTERTEK
Intertek (LSE: ITRK) is the leading international provider of quality and safety
services to a wide range of global and local industries. Partnership with
Intertek brings increased value to customers' products and processes, ultimately
supporting their success in the global market place. Intertek has the
experience, expertise, resources and global reach to support its customers
through its
extensive network of laboratories and offices, with over 20,000 people in more
than 100 countries around the world.
www.intertek.com
This information is provided by RNS
The company news service from the London Stock Exchange
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