Intertek is a nosy nellie when it comes to product safety and international trade. The company, a leading provider of testing and inspection services, has more than 1,000 labs and offices located in 100 countries. Its Caleb Brett unit offers inspection and certification services primarily to customers involved in the petroleum and petrochemical business, as well as outsourced analytical testing of consumer products, pharmaceuticals, and food. Intertek's other divisions provide compliance and product safety testing for consumer goods, performance testing of electronic devices, and import and pre-shipment inspections and training services for government agencies.
Although the Asia/Pacific represent the company's largest regional segment (slightly more than 35% of sales), Intertek has a geographically diverse revenue base: the Americas represent 34% of sales, and the company's Europe, Middle East, and Africa segment accounts for 28%. The company has been solidifying its position in these regions even further through the use of key acquisitions.
In early 2010 Intertek strengthened its existing business lines with the purchase of Cantox Health Sciences and Ashuren Health Sciences. Both units, acquired from Ciba Expert Services, have expertise in product-related testing and regulatory consulting services. They serve customers all over the world residing in the food and nutrition, agriculture, biotechnology, chemicals, consumer products, pharmaceuticals, and health care sectors. A few months later, Intertek bought Norca Ingenieria de Calidad S.L, a company that provides risk assurance services on plants (mostly nuclear) and equipment, based in Spain. It also bought Expertises Technologies & Services Analyses S.A., an oil inspection and testing company in France. In late 2010 Intertek announced an agreement to buy UK-based Profitech in an effort to add to its laboratory expertise and software capabilities.
A year earlier Intertek acquired APTECH Engineering Services, a US-based consulting company specializing in infrastructure, facilities, and equipment management. The deal extended its industrial services division's presence in the Americas, complementing its footprint in Europe and the Middle East. Intertek obtained the food facility testing operations of RQA, which augmented its own US food testing services. It also snatched up WISco, a company specializing in third party inspection, expediting, and coordination services.
Throughout 2008 Intertek made 14 acquisitions. Two notable ones included EKO-LAB (Poland-based microbiological and chemical testing firm, catering to the food industry), and H.P. White Laboratory (ballistics and ballistics resistance testing services). The deals helped the company to expand into what it deems niche markets.
In order to serve its customers more efficiently, Intertek has reorganized its operating structure from four divisions into seven. These include: Analytical Services; Commercial and Electrical; Consumer Goods; Government Services; Industrial Services; Minerals; and Oil, Chemical, and Agriculture.
The testing services conglomerate traces its roots back to over 115 years, when Caleb Brett founded his marine surveying business. – less