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Acquisition

22 Oct 2007 11:31

Intertek Group PLC22 October 2007 22 October 2007 Intertek acquires Ageus Solutions, an environmental compliance consultancy. Intertek Group plc (Intertek), the leading international provider of quality andsafety services to a wide range of industries, announces the acquisition ofAgeus Solutions, Inc. ('Ageus') in Canada. Intertek purchased Ageus from its employee shareholders for an initial cashconsideration of C$1.75 million (GBP0.9 million). Further cash considerationpayable in February and November 2008 is dependent on the financial performancein the next two financial years. Total consideration is expected to be in therange of C$5 to 7 million (GBP2.2 to 3.5 million). Ageus provides environmental compliance and hazardous materials consultingservices for the North American electronics and manufacturing industry. Withheadquarters in Ottawa, Canada and with 28 employees, Ageus is a leader inglobal environmental regulations such as Waste Electrical and ElectronicEquipment ('WEEE'), Restriction of Hazardous Substance ('RoHS'), Registration,Evaluation, Authorisation and Restriction of Chemicals ('REACH'), CaliforniaProposition 65, as well as other specific laws and regulations in the EU, US,China, Canada and Japan. The company also consults with customers around theirown environmental specifications. Ageus will strengthen Intertek's capabilities in supporting manufacturing andretail clients in complying with the new REACH legislation in particular. Wolfhart Hauser, Chief Executive Officer of Intertek, commented: "Environmental compliance is a rapidly growing market. It is driven by theconcerns of consumers, retailers and manufacturers, as well as new regulations,to reduce the environmental impact of products. Ageus' strong North Americanreputation for expertise in major global environmental compliance protocolsmakes it an excellent strategic fit with our global laboratory network andcustomer base in the many industries in which Intertek operates". -ends- Contacts Aston Swift / Sarah Ogilvie IntertekTelephone: +44 (0) 20 7396 3400aston.swift@intertek.com / sarah.ogilvie@intertek.com Richard Mountain / Susanne Yule, Financial DynamicsTelephone: +44 (0) 20 7269 7121richard.mountain@fd.com / susanne.yule@fd.com Notes to Editors ABOUT INTERTEK Intertek (LSE: ITRK) is the leading international provider of quality and safetyservices to a wide range of global and local industries. Partnership withIntertek brings increased value to customers' products and processes, ultimatelysupporting their success in the global market place. Intertek has theexperience, expertise, resources and global reach to support its customersthrough its extensive network of laboratories and offices, with over 20,000people in more than 100 countries around the world. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
1st Sep 20151:00 pmRNSTotal Voting Rights
3rd Aug 20151:00 pmRNSTotal Voting Rights
3rd Aug 20157:00 amRNSHalf Yearly Report
27th Jul 20153:00 pmRNSHolding(s) in Company
1st Jul 20151:00 pmRNSTotal Voting Rights
23rd Jun 20157:00 amRNSDirectorate Change
1st Jun 20151:00 pmRNSTotal Voting Rights
21st May 20154:01 pmRNSBlocklisting Interim Review
21st May 20154:01 pmRNSBlocklisting Interim Review
21st May 20154:00 pmRNSDirector/PDMR Shareholding
15th May 20154:15 pmRNSDirectorate Change
15th May 20154:15 pmRNSResult of AGM
15th May 20157:00 amRNSAGM Trading Update
1st May 20151:00 pmRNSTotal Voting Rights
21st Apr 20159:00 amRNSDirector Declaration
13th Apr 20157:00 amRNSAnnual Financial Report
1st Apr 20151:00 pmRNSTotal Voting Rights
9th Mar 20153:50 pmRNSDirector/PDMR Shareholding
9th Mar 20153:50 pmRNSDirector/PDMR Shareholding
9th Mar 20153:50 pmRNSDirector/PDMR Shareholding
4th Mar 20152:00 pmRNSHolding(s) in Company
2nd Mar 20151:00 pmRNSTotal Voting Rights
2nd Mar 20157:00 amRNSFinal Results
2nd Feb 20151:00 pmRNSTotal Voting Rights
2nd Jan 20151:00 pmRNSTotal Voting Rights
19th Dec 20143:26 pmRNSDirector Declaration
18th Dec 20142:00 pmRNSDirector/PDMR Shareholding
15th Dec 20143:00 pmRNSHolding(s) in Company
12th Dec 20142:00 pmRNSHolding(s) in Company
8th Dec 20142:00 pmRNSHolding(s) in Company
4th Dec 20142:00 pmRNSHolding(s) in Company
1st Dec 20141:00 pmRNSTotal Voting Rights
26th Nov 20142:00 pmRNSHolding(s) in Company
21st Nov 20141:00 pmRNSBlocklisting Interim Review
21st Nov 20141:00 pmRNSBlocklisting Interim Review
19th Nov 20147:00 amRNSInterim Management Statement
3rd Nov 20141:00 pmRNSTotal Voting Rights
14th Oct 20142:00 pmRNSHolding(s) in Company
13th Oct 20142:00 pmRNSHolding(s) in Company
6th Oct 20142:00 pmRNSHolding(s) in Company
3rd Oct 20142:00 pmRNSHolding(s) in Company
3rd Oct 20142:00 pmRNSHolding(s) in Company
1st Oct 20141:00 pmRNSTotal Voting Rights
30th Sep 20147:00 amRNSDirectorate Change
1st Sep 20141:00 pmRNSTotal Voting Rights
18th Aug 20144:30 pmRNSHolding(s) in Company
4th Aug 20147:00 amRNSHalf Yearly Report
1st Aug 20141:00 pmRNSTotal Voting Rights
1st Jul 20141:00 pmRNSTotal Voting Rights
6th Jun 20144:00 pmRNSDirectorate Change

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