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SGSOY SGS SA (PK)

8.84
-0.07 (-0.79%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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

SGS Acquires Brazil-Based Grupo Labmat For Undisclosed Sum

04/03/2013 9:55am

Dow Jones News


SGS (PK) (USOTC:SGSOY)
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ZURICH -- SGS S.A. (SGSN.VX) Monday said it has acquired Grupo Labmat, a leading Brazil-based provider of materials testing, welding and engineering services as well as metallurgy project inspections for an undisclosed sum.

MAIN FACTS:

- The Group serves many markets and acts a technical support partner in particular for the infrastructure, foundry and automotive parts sectors.

- Grupo Labmat operates two state of the art laboratories in Piracicaba and Guarulhos and employs 120 experts.

- Privately owned, it generated 2012 revenue in excess of BRL12 million.

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

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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