SGS to acquire Analytical & Development Services from Concept Life Sciences.

SGS, a company operating in the testing, inspection, and certification industry, agreed to acquire Analytical & Development Services, a provider of food testing laboratory service, from Concept Life Sciences, a business providing a wide range of innovative and integrated solutions to clients in the pharmaceutical, biotechnology, food, environmental and agrochemical industry. Financial terms were not disclosed. “The acquisition of ADS supports our strategic evolution, which aligns our global network more closely to the key TIC megatrends and customer demand. Food testing is integral to this evolution and ADS enhances our market position in the UK and adds new complex services to our UK food testing and advisory business, in particular pesticide expertise. The combination of SGS Ashby, ADS and the acquisition of SYNLAB A&S, which we completed at the end of last year, will help us better serve our customers and underlines our commitment to enabling a better, safer and more interconnected world for employees, customers, shareholders and for society at large,” Frankie Ng, SGS CEO.