Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Acquisition

26th Jan 2006 07:01

Intertek Group PLC26 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, announcesthe signing of an agreement to acquire the Electro Magnetic Compatibility (EMC)business of AKZO Nobel in Japan for €13 million (£9 million) in cash. Completionof 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 nearTokyo and now enjoys a strong local market position. It provides a full range ofEMC testing services including emissions and immunity testing to major Japanesemanufacturers of electrical and electronic goods. This acquisition provides an excellent platform for further growth of Intertekin a key target country and market. For further information, please contact Aston Swift, Investor Relations Telephone: +44 (0) 20 7396 3400 [email protected] Tim Lynch, Tulchan Communications Telephone: +44 (0) 20 7353 4200 [email protected] Corporate website: www.intertek.com High resolution images of Intertek Group plc businesses are available todownload, free of charge from www.vismedia.co.uk. ABOUT INTERTEKIntertek is a leading international testing, inspection and certificationorganisation, which assesses customers' products and commodities against a widerange of safety, regulatory, quality and performance standards and certifies themanagement systems of customers. Intertek has over 300 laboratories and over14,500 people around the world and is increasingly undertaking outsourcedtesting work for its customers. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Intertek Group
FTSE 100 Latest
Value8,275.60
Change26.48