Mon, 08 Aug 2011 | BUSINESS SALE
Staffordshire-based food and water testing company, Food Analytical Laboratories (FAL), is set to benefit from a £6 million buy-out from Intertek, the multinational testing and inspection business.
FAL, which employs 90 people at its base at the former Fegg Hayes Pottery, is to reap the benefits of the investment power of Intertek, without risking the unpredictability it would have had to face if it had sought finance from venture capital sources.
Intertek investment relations manager, Sarah Ogilvie, said both companies would draw mutual benefits from the business sale, and the were delighted that the deal had gone through.
"From our perspective, we have added FAL's skills and capabilities, and they benefit from our relationship with the big food retailers in the UK and across Europe," she said. "In our sector, niche skills are important. For example, we have a laboratory that specialises in testing honey, whereas FAL has got a lot of experience with meat."
Intertek employs more than 30,000 across the globe, operating more than 1,000 laboratories in 100 countries. The services it provides include testing, auditing, certification and inspection for a broad range of industries, including aerospace, automotive, energy, retail, agriculture, IT and pharmaceutical.
The company offers a well-regarded own brand of hair care products focusing on hair growth and repair, featuring premium formulas that are natural, vegan, and cruelty-free. With a strong global presence and prestigious industry awards, the business h...
This business offers a cutting-edge process safety management platform with proprietary software that ensures proactive safety measures for both onshore and offshore assets. With a strong foothold in the oil and gas sector and recent expansion into i...
This business offers a comprehensive range of road surfacing and civil engineering services, supported by significant investments in state-of-the-art equipment and a recently acquired operational site in Scotland to optimise efficiencies. With robust...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.