Intertek Group PLC
26 September 2007
26 September 2007, 7am London, UK
Intertek announces the acquisition of Biodata - a food, environmental and
agricultural laboratory.
Intertek Group plc (Intertek), the leading international provider of quality and
safety services to a wide range of industries, announces the acquisition of
biodata ANALYTIK GmbH ('Biodata'), an independent laboratory in Germany.
Intertek purchased Biodata from its German parent company K+S Consulting GmbH
for a cash consideration of €3.6m (GBP2.5m). Biodata provides expert laboratory
analysis and evaluation with a focus on food with additional provision of
analytical services on animal feed and agricultural products, plus analysis and
evaluation of the quality of water, soil, air and waste products. The company
works in accordance with Good Laboratory Practice ('GLP') standards and has a
range of other accreditations for the services it offers.
Biodata will enhance Intertek's global food business, particularly in Europe and
will complement services available to customers, aligning with other Intertek
facilities and centres of excellence internationally. Services are provided to a
wide range of customers from manufacturers through to retailers.
Biodata's analytical services are provided by experts who are leaders in their
fields and include chemists, food chemists, agricultural engineers, and
veterinarians. In total the company has 32 employees on two sites in Linden and
Magdeburg, Germany
Wolfhart Hauser, Chief Executive Officer of Intertek, commented:
'Biodata is a centre of excellence for food testing in Germany through which we
can grow our food services in Europe. Biodata's broader expertise in agriculture
and the environment are areas which bring added value to Intertek's existing
services and customers in these industries and will provide synergies across our
global network.'
-ends-
Contacts
Bill Spencer / Sarah Ogilvie Intertek
Telephone: +44 (0) 20 7396 3400
bill.spencer@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.
This information is provided by RNS
The company news service from the London Stock Exchange
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