SGS Buys U.K.-Based MIS Environmental Ltd., MIS Testing Ltd.

ZURICH -- SGS S.A. (SGSN.VX) Monday said it has acquired U.K.-based MIS Environmental Ltd. and MIS Testing Ltd. for an undisclosed price.

MAIN FACTS:

- MIS Environmental Ltd., founded in 1982 and privately owned, is a leading laboratory offering a vast spectrum of experience in asbestos, environmental and health and safety testing and consultancy services.

- Combined with current SGS chemical testing and Climate Change Programme, it will support the strategy, grow the network and expand expertise into a new range of services covering the full value chain, from field to data interpretation.

- MIS Environmental Ltd. employs 72 highly skilled staff and is expected to generate 2013 Revenues of GBP4.2 million.

- MIS Testing Ltd., founded in 1983 and privately owned, is one of the most important mechanical and material testing laboratories in the UK.

- It offers a full range of mechanical testing including a comprehensive machining service and non-destructive testing (radiography, magnetic particle, ultrasonic).

- This acquisition is in line with the Industrial Services' global strategy and complements the current local offering.

- MIS Testing Ltd. employs 55 experts and is expected to generate 2013 Revenues of GBP3.7 million.

-Zurich Bureau, Dow Jones Newswires, [phone]; [e-mail]

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