Intertek completed the acquisition of SAI Global Assurance from SAI and Baring Private Equity for $665m.

Intertek, a British multinational assurance, inspection, product testing and certification company, completed the acquisition of SAI Global Assurance, a provider of assurance services, from SAI and Baring Private Equity for $665m. "As we emerge from the global Covid-19 pandemic, we expect our customers to increase their focus on Risk-Based Quality Assurance to provide the highest quality safety and sustainability products and services to their customers. The growth of the Assurance, Testing, Inspection & Certification industry is expected to accelerate and Assurance, a capital light and high margin service will be critical to addressing the increased corporate focus on Total Quality Assurance," Andre Lacroix, Intertek CEO.