Intertek Group Regulatory News (ITRK)

1 Nov 2005 07:00

Intertek Group PLC01 November 2005 1 November 2005, 7am (UK) Intertek Group plc ("Intertek") Intertek acquires Automotive Research Laboratory Intertek, the global testing, inspection and certification company, announcesthe signing of an agreement to acquire Automotive Research Laboratory ("ARL")from PerkinElmer for US$34.5m (£19.5m). Completion of the acquisition isexpected to take place on or before the 11th November 2005. ARL provides independent testing services on automotive fuels and oils forregulatory and performance standards and is one of the market leaders in thisfield. ARL complements the existing oil and chemical testing business withinCaleb Brett, especially the recently acquired business of PARC that testsautomotive lubricants at the research and development stage. In addition, asmaller part of the business comprises automotive component testing and thiswill be combined with Intertek Entela. ARL operates from a single site in San Antonio, Texas, employs 144 people and isexpected to have annual revenue in 2005 of approximately US$24m (£13.5m). Themanagement team and staff will continue to run the business utilising theIntertek global laboratory network to pursue growth in North America andoverseas. For further information, please contact Aston Swift, Treasurer and Investor RelationsTelephone: +44 (0) 20 7396 3400 aston.swift@intertek.com Tim Lynch, Tulchan CommunicationsTelephone: +44 (0) 20 7353 4200 intertekteam@tulchangroup.com Corporate website: www.intertek.com High resolution images of Intertek Group plc businesses are available todownload, free of charge from www.vismedia.co.uk. ABOUT INTERTEKIntertek is a leading international testing, inspection and certificationorganisation which assesses customers' products and commodities against a widerange of safety, regulatory, quality and performance standards and certifies themanagement systems of customers. Intertek has over 300 laboratories and over14,500 people around the world and is increasingly undertaking outsourcedtesting work for its customers. This information is provided by RNS The company news service from the London Stock Exchange