Intertek Agrees To Recommended Cash Acquisition By EQT Group
Intertek has announced that it has reached an agreement on the terms of a recommended cash acquisition by EQT Group, a leading global investment organisation with over three decades of experience in developing companies across multiple sectors.
The company stated that the partnership with EQT comes at a time of growing demand for risk-based quality assurance solutions and is expected to support accelerated growth for its people, customers, and stakeholders.
Intertek CEO André Lacroix said the company has strengthened its position as a global leader in the quality assurance industry over the past decade, driven by its growth strategy and strong operational performance. He highlighted the company’s differentiated portfolio, leading market positions, and continued margin improvement as key strengths.
He added that the cash offer provides shareholders with immediate value certainty, while positioning Intertek for continued long-term growth under a private ownership structure, leveraging its established expertise and customer-focused approach.
