Intertek Group PLC
07 December 2005
7 December 2005, for immediate release
Intertek Group plc ('Intertek')
Intertek and DEKRA AG (DEKRA) agree joint acquisition and disposal of
certification business
Intertek, the global testing, inspection and certification company, announces
the agreement with DEKRA, the international service provider, of a simultaneous
acquisition and disposal.
Intertek has acquired the remaining 51% of the shares not already owned by
Intertek in the Swedish company, DEKRA-SEMKO Certification AB for EUR 1.3
million (£ 0.9 million). Intertek has sold its 49% holding in the German
company, DEKRA Intertek Certification GmbH to DEKRA for EUR 3.6 million (£ 2.4
million).
This deal ends the historical joint venture between Intertek and DEKRA. This
enables Intertek and DEKRA to focus on growing the system certification business
(ISO 9000, ISO 14001, etc), using the strengths and resources of their
respective companies. Intertek will align the system certification business with
the product certification business within the Intertek ETL SEMKO division where
all of Intertek's system certification will be consolidated from 2006. Both
organisations will continue to cooperate and support each other's activities.
For further information, please contact
Aston Swift, Treasurer and Investor Relations
Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com
Tim Lynch, Tulchan Communications
Telephone: +44 (0) 20 7353 4200 intertekteam@tulchangroup.com
Corporate website: www.intertek.com
High resolution images of Intertek Group plc businesses are available to
download, free of charge from www.vismedia.co.uk.
ABOUT INTERTEK
Intertek is a leading international testing, inspection and certification
organisation which assesses customers' products and commodities against a wide
range of safety, regulatory, quality and performance standards and certifies the
management systems of customers. Intertek has over 300 laboratories and over
14,500 people around the world and is increasingly undertaking outsourced
testing work for its customers.
This information is provided by RNS
The company news service from the London Stock Exchange
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