Moody International

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Moody International Ltd.
IndustryTechnical services
FateAcquired by Intertek in 2011
Founded1911; 108 years ago (1911)
DefunctApril 28, 2011; 8 years ago (2011-04-28)
Headquarters,
Websitewww.intertek.com/industrial/ Edit this on Wikidata

Moody International Ltd. provided technical services to reduce risk in the petroleum industry, amongst others.

On April 28, 2011, the company was acquired by Intertek for £450 million. At that time, the company had over 2,500 employees[1] and 80 offices in 60 countries.[2]

History[edit]

The company was founded in the United States in 1911.[2]

In 1948, the company opened an office in Japan, its first international office.[2]

The company opened an office in United Arab Emirates, its first office in the Middle East, in 1986. It opened offices in China in 1993 and Baku in 1996.[2]

In 2007, the company was acquired by Investcorp of Bahrain for £192 million.[1][3]

On April 28, 2011, the company was acquired by Intertek for £450 million.[4][1][5]

References[edit]

  1. ^ a b c Ruddick, Graham (8 March 2011). "Intertek buys Moody International for £450m". The Daily Telegraph.
  2. ^ a b c d "Moody International: 100 Years of Global Expertise and Local Presence". SlideShare.
  3. ^ "Investcorp to Acquire Moody International". RigZone.
  4. ^ "Intertek completes Moody acquisition" (Press release). Intertek. April 28, 2011.
  5. ^ Turner, Lorraine (March 7, 2011). "Intertek makes $730 million strategic buy in energy". Reuters.