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SGS Acquires Herguth Laboratories, Inc. For Undiclosed Sum

Date : 08/01/2013 @ 06:43
Source : Dow Jones News

SGS Acquires Herguth Laboratories, Inc. For Undiclosed Sum

ZURICH -- SGS S.A> (SGSN.VX) Tuesday said it acquired Herguth Laboratories, Inc., based in Vallejo, California, for an undisclosed sum.

MAIN FACTS:

- Herguth Laboratories, Inc. is a leading independent laboratory with strong expertise in lubricants, petroleum-based substance testing and tribological research, primarily serving the energy and transportation industries.

- Founded in 1980 and privately owned, Herguth Laboratories Inc. operates two facilities in Vallejo, CA and Naperville, IL.

- The company has 46 employees and is expected to generate revenues of $5.5 million in 2012.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

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