SGS France confirms the closing of the Idea Tests acquisition announced last October.
The Idea Tests group, established in 1999 by Benoit Latouche, specializes in the evaluation of effectiveness (in vivo and in vitro) of tolerance, toxicology and microbiology, as well as regulatory support for the marketing of finished products and cosmetic ingredients. Idea Tests' skills naturally complement SGS France's "Cosmetics & Hygiene" offering. Idea Tests has three sites in France (Martillac, Talence, Plouzané) and one in Europe (Bucharest), and employs 80 people.
"France is the 1er cosmetics exporter, ahead of Germany and the United States. SGS is the world leader in testing, inspection and certification. This targeted acquisition, which enhances our offer dedicated to the quality and performance of cosmetic products, was one of our key priorities in satisfying our French and European customers, whether they are raw material manufacturers, industrialists or distributors. Idea Tests is still one of the largest independent players capable of mastering all aspects of testing (in vitro, microbiology and clinical trials); the synergies with our group are innumerable, in terms of complementary service offerings and customer presence".says Alain Guy, President of SGS France.
"We share SGS's values of customer satisfaction and innovation. Joining a group like SGS marks a new and exciting stage in our development.concludes Benoit Latouche, President of Idea Tests.
