Intertek completes Moody acquisition
April 28, 2011
Further to its announcement on 7 March 2011, Intertek Group plc ('Intertek'), the leading international provider of quality and safety services to a wide range of industries, announces today the successful completion of the transaction to acquire Moody International ('Moody').
Intertek's acquisition of Moody extends the depth of its portfolio of services for energy assets, processes and products, creating a new leading technical services platform for the global energy market and bringing global scale to Intertek's systems certification business. Moody is a leading worldwide provider of technical services to the global energy industry and a provider of systems certification services globally. Headquartered in the UK, Moody has approximately 2,500 people in over 80 offices and 60 countries.
Moody will be integrated into Intertek's Industry & Assurance (formerly Industrial Services) division. Following this acquisition Intertek employs 30,000 people in more than 1,000 laboratories and offices in over 100 countries.
Intertek is a leading provider of quality and safety solutions serving a wide range of industries around the world. From auditing and inspection to testing, quality assurance and certification, Intertek people are dedicated to adding value to customers' products and processes, supporting their success in the global marketplace. Intertek has the expertise, resources and global reach to support its customers through its network of more than 1,000 laboratories and offices and 30,000 people in over 100 countries around the world. Intertek Group plc (LSE: ITRK) is listed on the London Stock Exchange and is a constituent of the FTSE100 index. www.intertek.com