Asmecruz lab acquired by SGS to strengthen food testing portfolio in Spain
(IN BRIEF) SGS, a global leader in inspection, testing, and certification, has acquired the testing business and assets of Asmecruz, a cooperative of mussel producers in Boiro, Spain. Asmecruz’s laboratory provides a wide range of microbiological and biotoxin analysis services, and is fully authorized for seafood testing, with accreditation in accordance with ISO/IEC 17025. With this acquisition, SGS aims to enhance its portfolio of testing services for the Spanish food market. The move also marks SGS’s commitment to providing comprehensive testing solutions to help ensure the safety and quality of food products.
(PRESS RELEASE) GENEVA, 17-Mar-2023 — /EuropaWire/ — SGS, the world’s leading testing, inspection and certification company, has announced the acquisition of the testing business and assets of ASMECRUZ, SOCIEDAD COOPERATIVA GALLEGA (“Asmecruz”), a cooperative of mussel producers based in Boiro, Spain.
Asmecruz, founded in 2012, operates a laboratory that provides a comprehensive range of microbiological and biotoxins analysis services for seafood. The company holds full authorizations for seafood testing, and its laboratory is accredited in accordance with ISO/IEC 17025, which enhances SGS’s portfolio of testing services for the Spanish food market.
The acquisition aligns with SGS’s strategy to expand its testing capabilities in Spain and strengthen its position in the food and agriculture industry. The addition of Asmecruz’s testing business and assets will enable SGS to enhance its service offerings for seafood producers in the region.
Frankie Ng, CEO of SGS, said: “This acquisition is in line with our strategic focus of expanding our food services and laboratory network in Europe. This further aligns SGS with the TIC megatrend of nutrition, health and wellness, and supports our purpose of enabling a better, safer and more interconnected world. The acquisition also expands our service portfolio in Spain and will allow us to further grow into the seafood and fish market in Southern Europe.”
The financial terms of the transaction were not disclosed.
About SGS
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 97,000 employees operate a network of 2,650 offices and laboratories, working together to enable a better, safer and more interconnected world.
Media contact:
Toby Reeks
Investor Relations
tel: +447899800575
Magali Dauwalder
Media Relations
tel: +41793294670
SOURCE: SGS Société Générale de Surveillance SA
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