Announced
Completed
Financials
Sources
Tags
Majority
Brazil
Friendly
Acquisition
Consumer Services: Other
Single Bidder
Cross Border
Completed
Private
food testing
testing inspection and certification
Synopsis
Intertek, a total quality assurance provider, completed the acquisition of JLA Brazil, a provider of food, agri and environmental testing solutions. Financial terms were not disclosed. “The demand for food and beverage testing solutions has accelerated in recent years as global supply chains become more complex, the importance of hygiene and safety increases and consumers demand more sustainable, healthier products. The acquisition of JLA expands Intertek’s existing Food and Agri Assurance capabilities, taking us into the attractive food testing market in Brazil, one of the largest exporters of agri-food products in the world. We welcome the JLA team to Intertek and look forward to working together to seize the attractive opportunities ahead by leveraging our industry-leading ATIC solutions for our clients," André Lacroix, Intertek CEO.
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