Intertek

Intertek Group plc is a British multinational assurance, inspection, product testing and certification company headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Intertek Group plc
Company typePublic limited company
LSEITRK
FTSE 100 Index Component
IndustryTesting
Founded1888; 136 years ago (1888)
HeadquartersLondon, England, UK
Key people
RevenueIncrease £3,328.7 million (2023)[2]
Increase £551.1 million (2023)[2]
Increase £318.1 million (2023)[2]
Number of employees
40,000 (2024)[3]
Websitewww.intertek.com

History

Intertek traces its origins from a marine surveying business formed by Caleb Brett in the 1890s, a testing laboratory formed by Milton Hersey in Montreal in 1888 and a lamp testing centre established by Thomas Edison in 1896.[4] These businesses were all acquired by Inchcape plc during the 1980s and early 1990s.[4]

In 1996, Inchcape Testing Services was acquired by Charterhouse Capital Partners and was renamed Intertek.[4]

In 2000, the Company was divested by Charterhouse and was listed in 2002 on the London Stock Exchange.[5] In April 2010, Intertek acquired Ciba Expert Services’ Environmental, Safety, & Testing and Regulatory businesses, including Cantox Health Sciences (Cantox) and Ashuren Health Sciences (Ashuren).[6]

On 19 September 2007, Intertek announced its acquisition of National Software Testing Laboratories.[7]

In April 2011, the company acquired Moody International.[8][9][10]

In May 2021, Intertek acquired SAI Global's Assurance and Standards Business units.[11]

Operations

Intertek Consumer Goods and Retail is the largest tester of consumer goods in the world and has a network of more than 1,000 laboratories across around 100 countries.[12]

The company has more than 44,000 employees across 100 countries in over 1,000 locations including large-scaled offices and testing facilities in New York City, London and Hong Kong.[3] Centered around its laboratory testing services, the company provides quality and safety assurance to industries such as construction, healthcare, food and transport. Products tested include batteries, accessories, apparel and chemicals.[13]

Leadership

On 16 May 2015, André Lacroix succeeded Wolfhart Hauser as CEO of the company.[14]

See also

References