SGS announces the acquisition of AirServices and Cronolab in Brazil

GENEVA, 2-2-2015 — /EuropaWire/ — SGS is pleased to announce the acquisition of AirServices Estudos e Avaliaçôes Ambientais Ltda., in Sao Paulo and Cronolab Referência em Análises Químicas e Ambientais Ltda., in Rio de Janeiro.

AirServices performs air emission monitoring and testing, as well as environmental studies, while Cronolab provides water, soil and air testing, with a special focus on dioxins and furans.

AirServices employs 27 staff and generated revenue in 2014 in excess of BRL 6 million. Cronolab employs 17 staff and generated revenue in 2014 in excess of BRL 5 million.

Following the acquisition in 2012 of Environ Cientifica Ltda. (an industrial hygiene laboratory based in Sao Paulo), AirServices and Cronolab are expanding the SGS service offering in Brazil to serve a broader client base.

“I am pleased with the two acquisitions in the fast growing environmental business in Brazil. They give us a strong position in the environmental market in Brazil that will serve as a basis for further development in the country,” said Chris Kirk, CEO of SGS.

For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00
www.sgs.com

ABOUT SGS
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 80,000 employees, SGS operates a network of over 1,650 offices and laboratories around the world.

Comments are closed.