SGS acquires Oleotest NV, Belgium
Date:04-06-2018
SGS announced the acquisition of Oleotest NV (Oleotest), based in Belgium.
Oleotest is a provider of chemical testing services in food, feed and agricultural commodities. The lab is ISO 17025 certified. Established in 1959 in Antwerp and privately owned, the company generated 2017 revenues of approximately EUR 1.5 million.
“This acquisition will provide fast entry into a complementary segment for chemical analyses, strengthening our leading position for Agriculture, Food & Life in Belgium,” said Frankie Ng, CEO of SGS.
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