Intertek Acquires Leading US-Based Flooring Products Testing Company Professional Testing Laboratory
INTERTEK GROUP UNSP/ADR (IKTSY)
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Source: Business Wire
Acquisition complements Intertek’s leading TQA business in North America DALTON, Ga.--(BUSINESS WIRE)--Intertek Group plc (“Intertek” and “Group”), a leading Total Quality Assurance (TQA) provider to industries worldwide, has expanded its service offering in North America through the acquisition of Professional Testing Laboratory, LLC (“PTL”), a leading provider of high-quality testing services for the flooring industry.Strategically based in Dalton, Georgia, one of the largest flooring manufacturing hubs in the world, PTL provides high-quality testing services, covering everything from chemical analysis to equipment calibration and consulting solutions. PTL employs 26 technical experts and generated revenues of £4.3m in 2024, making it a strategic acquisition in an attractive, high-growth, high-margin market with a high-quality earnings model.Globally, rapidly evolving consumer trends and increasingly rigorous regulatory demands are accelerating the need for industry-leading Quali
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