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Bids, Mergers and Takeovers

Intertek completes acquisition of KJ Tech

07 April 2017 07:20

Intertek has completed the acquisition of KJ Tech Services GmbH, a leading provider of vehicle, component, lubrication and fuel testing services based in Germany.

Chief executive Andre Lacroix said: "As the automotive industry develops increasingly more complex technologies and environmental regulations become more stringent, the testing of vehicles, components and lubricants in all types of driving conditions becomes increasingly more important.

"KJ Tech's services are therefore highly complementary to Intertek's existing in-lab validation service offerings.

"With its longstanding experience and track record of excellent customer service we are delighted to welcome the KJ Tech team to Intertek."

Story provided by StockMarketWire.com

Related Company: ITRK

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