Intertek

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Intertek Group plc
Public limited company
Traded as LSEITRK
Industry Testing
Founded 1888
Headquarters London, United Kingdom
Key people
David Reid (Chairman)
André Lacroix (CEO)
Revenue £2,093.3 million (2014)[1]
£324.4 million (2014)[1]
£190.4 million (2014)[1]
Number of employees
38,000 (2015)
Website www.intertek.com

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

History[edit]

Intertek can trace 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.[2] These businesses were all acquired by Inchcape during the 1980s and early 1990s.[2] In 1996 Inchcape Testing Services was acquired by Charterhouse Development Capital and was renamed Intertek.[2] The Company was divested by Charterhouse in 2002 when the business was first listed on the London Stock Exchange.[3] In April 2010, Intertek acquired Ciba Expert Services’ Environmental, Safety, & Testing and Regulatory businesses, including Cantox Health Sciences (Cantox) and Ashuren Health Sciences (Ashuren).[4] Intertek acquired Moody International in March 2011.[5]

Leadership[edit]

On 16 May 2015, André Lacroix succeeded Wolfhart Hauser as chief executive of Intertek Group plc.[6][7]

Operations[edit]

The company is the largest tester of consumer goods in the world and has a network of more than 1,000 laboratories across around 100 countries.[8]

See also[edit]

References[edit]

  1. ^ a b c "Preliminary Results 2014". Intertek. Retrieved 15 March 2015. 
  2. ^ a b c "History". Intertek. Retrieved 15 March 2015. 
  3. ^ "False data charges threaten Intertek flotation". The Independent. 22 September 2000. Retrieved 15 March 2015. 
  4. ^ "Intertek Buys Ciba Expert Services Division". Presswire. 7 April 2010. Retrieved 15 March 2015. 
  5. ^ "Intertek buys Moody International for £450m". The Telegraph. 8 March 2011. Retrieved 15 March 2015. 
  6. ^ "Directorate Change: André Lacroix to become Chief Executive in May 2015" (Press release). Intertek Group plc. 30 September 2014. Retrieved 16 May 2015. 
  7. ^ Treanor, Jill (15 May 2015). "Incoming Intertek chief forgoes bonus after shareholder backlash". The Guardian (Guardian News and Media Limited). Retrieved 16 May 2015. 
  8. ^ Armitstead, Louise (23 April 2009). "Intertek shares soar on speculation of bid from Swiss rival SGS". London: The Telegraph. Retrieved 30 August 2010. 

External links[edit]