Announced

SGS to acquire a majority stake in Maine Pointe.

Synopsis

SGS, the world's leading inspection, verification, testing and certification company has agreed to acquire a majority stake in Maine Pointe, a supply chain and operations consulting firm. Financial terms were not disclosed. “Maine Pointe adds another layer of competence to the group and significantly accelerates our inroads into more advanced consultancy services in Certification & Business Enhancement. The recent announcement of the disposal of PSC highlights the group strategy of focusing our capital allocation towards higher value-added services.” Frankie Ng, SGS CEO.

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