SGS is pleased to announce the acquisition of Analytical & Development Services (ADS), headquartered in Cambridge, UK, from Concept Life Sciences.

ADS is a fully ISO/IEC 17025 accredited food testing laboratory active in the UK market, offering pesticides, nutrition, microbiology, food molecular biology and allergen testing services. Located in Cambridge, UK, the company currently employs approximately 90 people and generated revenue of c. GBP 6 million in 2019.

'The acquisition of ADS supports our strategic evolution, which aligns our global network more closely to the key TIC megatrends and customer demand. Food testing is integral to this evolution and ADS enhances our market position in the UK and adds new complex services to our UK food testing and advisory business, in particular pesticide expertise. The combination of SGS Ashby, ADS and the acquisition of SYNLAB A&S, which we completed at the end of last year, will help us better serve our customers and underlines our commitment to enabling a better, safer and more interconnected world for employees, customers, shareholders and for society at large,' said Frankie Ng, CEO of SGS.

For further information, please contact:

Investors: Toby Reeks
SVP, Investor Relations, Corporate Communications and Sustainability
t: +41 79 641 83 02
Media: Daniel Rufenacht
Group VP, Corporate Communications and Sustainability
t: +41 78 656 94 59

www.sgs.com

SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 89,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

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SGS SA published this content on 07 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2021 05:25:03 UTC