SGS Buys International Electrical Certification Centre
January 06 2011 - 1:37AM
Dow Jones News
Swiss goods inspection company SGS SA (SGSN.VX) Thursday said it
has acquired Hong Kong-based International Electrical Certification
Centre Ltd, or IECC, for an undisclosed sum.
Main Facts:
--Founded in 1995, IECC is a leading independent laboratory
providing third-party testing.
--IECC testing focuses on Electromagnetic Compatibility (EMC)
and Product Safety tests of electronic and electrical products.
--In addition, it offers services including consultancy and
testing for global electronic and electrical certification.
--IECC partners with several reputable overseas laboratories and
is the sole agent of the German p-k-m electronic GmbH in China and
Hong Kong.
--Privately owned , IECC employs 22 staff members and generated
revenue of HKD 10 million in 2010.
--"This acquisition will give SGS new expertise in EMC," said
Chris Kirk, CEO of SGS. " We will be able to leverage our network
to further serve R&D for manufacturers and buying agents."
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 46;
goran.mijuk@dowjones.com
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