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Announced

Completed

Intertek completed the acquisition of JLA Brazil.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Brazil

Friendly

Acquisition

Consumer Services: Other

Single Bidder

Cross Border

Completed

Private

food testing

testing inspection and certification

Synopsis

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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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