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SGS S.A.. (5/3/19). "Press Release: SGS Acquires Chemical Solutions Ltd., USA".

Organisations Organisation SGS S.A.
  Group SGS (Group)
  Organisation 2 Chemical Solutions Ltd. (CSL)
  Group SGS (Group)
Products Product analytical services
  Product 2 ICP mass spectrometer (ICP-MS)
Index term Index term Chemical Solutions Ltd–SGS: investment, 201905 acquisition of CSL by SGS
Person Person Ng, Frankie (SGS 201505 CEO)
     


SGS is pleased to announce the acquisition of Chemical Solutions Ltd. (CSL), based in Harrisburg, Pennsylvania, USA.

CSL is a nationally recognized testing laboratory, specializing in elemental and heavy metal testing for food, nutraceuticals, pharma and cosmetic products. It provides services to many leading companies in these industries, across the US and internationally. It is cGMP registered by the USFDA, in addition to being ISO 17025 accredited.

Established in 1995 and privately owned, CSL employs approximately 40 employees and generated 2018 revenues of around USD 5.3 million.

“This acquisition strengthens our Agriculture, Food & Life business in the US, further expanding our scope and geographical presence,” said Frankie Ng, CEO of SGS.


For further information, please contact:

Investors: Toby Reeks
Investor Relations
t: +41 79 641 83 02

Media: Daniel Rufenacht
Corporate Communications and Sustainability
t: +41 78 656 94 59

www.sgs.com


About SGS

SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 97,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

   
Record changed: 2019-05-08

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