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Intertek Group Information
Share Price Information for Intertek Group (ITRK)
Share Price is delayed by 15 minutes
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Share Price:
4,956.00
Bid:
4,968.00
Ask:
4,970.00
Change:
38.00 (0.77%)
Spread:
2.00 (0.04%)
Open:
4,934.00
High:
5,015.00
Low:
4,916.00
Prev. Close:
4,918.00
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Don't have an account? Click here to register.Intertek acquires US industrial testing company for 45m pounds
Thu, 03rd Oct 2013 08:20
Product testing group Intertek said it had paid 45m pounds to buy Global X-Ray & Testing Corporation (GXT), a US company that provides testing services to customers in the US oil and gas industry .GXT, which is headquartered in Louisiana, serves both onshore and offshore customers in the energy market and its services include X-ray, ultrasonic and magnetic particle testing. It will sit in Intertek's industry and assurance division.Intertek Chief Executive Wolfhart Hauser said: "GXT has a well established presence across all stages of the oil and gas supply chain in the US which fits well with our existing portfolio of industrial inspection services."Intertek bought the company from private equity firm Platte River Equity. Shares in Intertek were down 10p at 3256p at 08:27 on Thursday. TB
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