Intertek Group Plc - Acquisition

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Thu Apr 10, 2008 2:00am EDT

RNS Number:9872R
Intertek Group PLC
10 April 2008


Stock Exchange Release

10 April 2008, 7am London, UK

Intertek acquires 4-Front Research

Intertek Group plc (Intertek), the leading provider of quality and safety
solutions to a wide range of industries around the world, announces the
acquisition of 4-Front Research Limited, 4-Front Research UK Limited, 4 Front
Research SAS (France) and Four Front Research (India) Pvt Limited), (together
"4-Front Research"), a provider of testing services for consumer healthcare and
related products.

Intertek purchased 4-Front Research from owner Jon Holt for an initial cash
consideration of GBP 6 million and an estimated deferred consideration of GBP
4.4 million payable in June 2009, and based on 2008 performance.

4-Front Research provides analytical support for clinical research studies on
cosmetic, personal care, functional food, and over-the-counter (OTC)
pharmaceutical and medical products. Customers, which include national and
international consumer product brands, use 4-Front Research's services for
product development, support, and to verify promotional statements. Products are
evaluated for dermatological, allergenic, sunlight or dental effects amongst
others.

With seven sites in England and sites in Hyderabad, India and Paris, France,
4-Front employs 110 people and will form part of Intertek's Consumer Goods
division.

Wolfhart Hauser, Chief Executive Officer of Intertek, commented:

"4-Front Research adds new high-value services to support our consumer
healthcare customers in helping them to develop and monitor products. The
acquisition also gives us a strategic position to support future and growing
demand for consumer healthcare products within India and other Asian markets
with its locations in India, supported by the European network."


-ends-

Contacts

Aston Swift / Sarah Ogilvie Intertek

Telephone: +44 (0) 20 7396 3400

aston.swift@intertek.com / sarah.ogilvie@intertek.com


Richard Mountain / Sophie Kernon, Financial Dynamics

Telephone: +44 (0) 20 7269 7121

richard.mountain@fd.com / sophie.kernon@fd.com


Notes to Editors

ABOUT INTERTEK

Intertek (LSE: ITRK) is a leading provider of quality and safety solutions 
serving a wide range of industries around the world. From auditing and 
inspection, to testing, quality assurance and certification, Intertek people are 
dedicated to adding value to customers' products and processes, supporting their 
success in the global marketplace. Intertek has the expertise, resources and 
global reach to support its customers through its network of more than 1,000 
laboratories and offices and over 21,000 people in 110 countries around the world.

www.intertek.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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