SGS to acquire a minority stake in The Lab (Asia).

SGS, a company operating in the testing, inspection, and certification industry, agreed to acquire a minority stake in The Lab (Asia), a provider of laboratory testing services of building materials. Financial terms were not disclosed. “The acquisition of the minority stake allows us to fully integrate The Lab (Asia) into our organization to further expand the materials testing business after a very successful growth journey with them as our partners,” Frankie Ng, SGS CEO.