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Thursday, September 29, 2022
- publicity -

SGS acquires the Idea Tests group in France

Publicity

SGS announces the acquisition of Idea Tests Group, a leading provider of clinical, microbiological and in vitrotesting and regulatory services for the cosmetics and personal care industry in France.

Founded in 1999 by Benoit Latouche, Idea is headquartered in France, with facilities in Martillac (33), Talence (33) and Plouzané (29), and Bucharest, Romania. Idea employs nearly 80 people and achieved a turnover of around €6 million in 2020.

Frankie Ng, CEO of SGS, said: "This acquisition supports our strategic evolution by further positioning our global network on key ICT trends and customer demand. It brings us a strong capacity for clinical, microbiological and in vitro tests in France and allows us to offer better services to the strategic cosmetics and hygiene markets. »

The transaction is expected to close in December 2021.

Publicity
External resources
sgsgroup.fr

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