Applus+ sells its testing laboratories for agrefood and consumer products

19/03/2014

    The group is focused on strengthening activities where it has a leading global position

    Barcelona, March 19 2014. Applus+, a global inspection, testing and certification company, has signed an agreement with Eurofins, for the sale of ‘Applus+ Retail Testing’, a subsidiary of Applus+ Laboratories, its testing and certification businesses for the agrofood and non-food retail sector.
    The divestment enables Applus+ to continue to focus on implementing its business growth strategy, concentrating on activities where it has a leading global position.
     
    Applus+ is a global leader in the following lines of business: inspection and testing for the oil & gas industry, vehicle inspection, engineering and testing for the automotive sector and laboratories targeting industry (aerospace and transportation), construction and payment methods (smartcards).
     
    Applus+ Laboratories’ testing division of agrofood and consumer products had a turnover of €11 million in 2012 and employs 162 professionals, with the majority of its business based in Spain.
     
     
    Fernando Basabe, Applus+ CEO commented: “We are pleased with this transaction as it is commercially beneficial to all parties. The divestment will enable Applus+ to continue to focus on implementing its business growth strategy, concentrating on activities where it has a leading global position”.
     
    NOTES TO EDITORS:
     
    Applus+, a global company in testing, inspection and certification
     
    Applus+ is a global leader in testing, inspection and certification.
     
    The company provides solutions for clients in all industries in order to ensure that their assets and products comply with regulations and environmental regulations, quality, health and safety. Applus+ achieved a turnover of 1,470 million euros in 2012, employs 18,000 people and operates in 60 countries across 5 continents.
     
    The company is part of The Carlyle Group’s portfolio since 2007. 
     
    For more information, please contact Francisco Calderón fcalderon@kreab.com Tel.:+34654642160