Intertek Expands into Brazil’s Attractive Building & Construction Industry with Acquisition of Leading Building Products Testing Company
06 May 2025
- New legislation and government-backed programmes are powering accelerating demand for building products testing services in Brazil
- The acquisition of TESIS expands Intertek’s ATIC offering in the Building & Construction industry, growing its geographic footprint in Latin America
- TESIS’ leading building products testing business enhances Intertek’s North American offering and represents a compelling opportunity to enter a high-growth, high-margin sector
More information is available here: https://www.intertek.com/investors/tesis-video/
Intertek Group plc (“Intertek” and “Group”), a Total Quality Assurance provider to a range of industries worldwide, is pleased to announce that it has agreed to acquire TESIS – Tecnologia e Qualidade de Sistemas em Engenharia Ltda (“TESIS”), a leading provider of building products testing and assurance services, based in São Paulo, Brazil.
Heightened societal awareness around the quality and sustainability of building products, coupled with population growth and urbanisation, are placing increasingly greater demands on housing in Brazil. In addition, legislation and government-backed programmes aimed at expanding access to affordable housing and basic sanitation will require significant investment in this decade to improve standards and strengthen the regulatory and quality environment, all of which are driving greater demand for TESIS’ services.
The acquisition represents an attractive opportunity for Intertek to expand its leading Building & Construction Total Quality Assurance business into Brazil’s construction industry, which is valued at $120bn and is forecast to grow at 4.8% per annum to 2033.1 Complementing the Group’s comprehensive range of product-related testing and certification capabilities in North America, acquiring TESIS will accelerate demand for the Group’s ATIC solutions, powered by Intertek’s Science-based Customer Excellence Advantage.
Founded in 1988, TESIS operates from its lab in São Paulo, where it provides high-quality testing and assurance services across a broad range of building products, including faucets and valves, adhesive mortars, decorative paints, and basic sanitation. TESIS today has more than 80 employees and generated revenues of £3.7m in 2024 – qualities that make it a compelling margin-accretive addition to the Intertek portfolio.
André Lacroix, Chief Executive Officer of Intertek, said: “Brazil’s construction industry is the largest in South America and as the twin drivers of population growth and urbanisation drive greater demand for housing projects, the need for our industry-leading Building & Construction ATIC solutions will only increase.
This acquisition expands our ATIC offering in Brazil, is highly complementary to our building products testing and assurance business in North America and opens up an attractive high-margin sector that is benefiting from powerful structural growth drivers. We welcome the team from TESIS and look forward to working together to seize the opportunities in Brazil’s construction industry in line with our core purpose of bringing quality, safety and sustainability to life.”
For further Information:
Please contact:
Denis Moreau, Investor Relations
+44 (0) 20 7396 3415
investor@intertek.com
Jonathon Brill/James Styles, DGA Group
+44 (0) 7836 622 683
intertek@dgagroup.com
About Intertek
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.
Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.
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