SGS completed the acquisition of proderm.

SGS, a company which provides inspection, verification, testing and certification services, completed the acquisition of proderm, a clinical research organization. Financial terms were not disclosed. “This acquisition supports our strategic evolution by further aligning our global network more closely with the key TIC megatrends and customer demands of the Health & Nutrition industry. It significantly reinforces our leading global position in cosmetics and personal care testing, adding innovative capabilities, strong scientific expertise and enhances our strong reputation," Frankie Ng, SGS CEO.