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.
A leading dental practice situated in the heart of London, providing exceptional dental care in a comfortable and welcoming environment.
LEASEHOLD
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
Discover a leading innovator in data centre solutions, recognised as a top supplier both in the UK and internationally, with a robust consultancy arm contributing to a growing turnover.
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.