Apave completed the acquisition of qualification laboratory in Toulouse of Continental.

Apave, a risk management company, completed the acquisition of qualification laboratory in Toulouse of Continental, an automotive parts manufacturing company. Financial terms are not disclosed. "I am convinced that combining our respective expertise, based on a shared DNA (uncompromising quality and customer service), will enable this entity, which is joining Sopemea, to further strengthen its reputation as a trusted third party, its competitiveness and its development. This laboratory will continue to support the design and production of electronic components for the Continental plant in Toulouse. I am delighted with this development, which guarantees a future for our employees and continuity of service for our customers," Stefan May, Continental Automotive France President.