SGS SA (SGSN.VX) said Wednesday it has acquired Metlab (Pty) Ltd., a metallurgical testing laboratory in South Africa, for an undisclosed sum.

MAIN FACTS:

-Metlab has a long history of providing destructive and non-destructive metallurgical testing and is renowned for its replication, hardness and chemical test technicians as well as its ability to conduct specialized testing on client sites.

-Metlab serves the heavy engineering, power engineering, testing & inspection, heat transfer, piping and tubing, steel mill and steel fabrication industries.

-"Metlab is an exceptionally well run business and this acquisition will solidify SGS' metallurgical laboratory testing footprint globally and provide access to key South African industrial accounts," said SGS Chief Executive Chris Kirk.

-Founded in 1982 and privately owned, Metlab employs staff in excess of 40, including metallurgical engineers, laboratory technicians and operators. It generated 2011 revenues in excess of ZAR 21 million.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

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