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Name | Symbol | Market | Type |
---|---|---|---|
SGS SA (PK) | USOTC:SGSOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.07 | -0.79% | 8.84 | 8.67 | 9.01 | 8.8605 | 8.84 | 8.8605 | 107,817 | 21:04:15 |
ZURICH--SGS SA(SGSN.VX) said Monday it has acquired Gladstone Testing, a construction material testing business based in Queensland, Australia, for an undisclosed sum.
MAIN FACTS:
-Gladstone Testing offers a range of services focused on road construction and the commercial and residential building sectors and will allow SGS to target growth opportunities in the Gladstone region for the LNG and coal industries.
-Privately owned, it employs 14 staff and is expected to generate 2012 revenues in excess of AUD1.4 million.
-"I am pleased with this acquisition which gives us an immediate market presence and expands our geographic footprint in Australia," said Chris Kirk, CEO of SGS.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
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