SGS Announces the Acquisition of Autoscope/CTOK
SGS is pleased to announce the acquisition of Autoscope/CTOK, a privately owned business operating three vehicle inspection services (VIS) centers in Le Mans, France.
In 2020, the group performed 15,000 road safety inspections and generated a turnover of EUR 0.7m.
SGS is the leading provider of vehicle testing services in France through its network comprising Auto Securité, Sécuritest, Vérif Autos and Groupe Moreau (B.C.L. Contrôle Technique, A.S.M. Contrôle Technique and Contrôle Technique RIALTO - C.T.R.). Following this acquisition, SGS VIS France will own close to 100 VIS centers, employ approximately 230 people and perform over 375,000 inspections annually.
SGS AG: SGS 2020 Full Year Results
A Strong Performance in 2020 Confirms the Group s Strategic Evolution I am proud of the dynamism and responsiveness demonstrated by our employees in a challenging period. Their hard work, commitment and entrepreneurialism in supporting our customers have resulted in a strong operational performance for SGS in 2020, reinforcing our leadership position in the TIC industry.
We have taken significant strategic steps forward in 2020, both through the acquisition of SYNLAB Analytics & Services (A&S) and by launching the next phase of our planning. The strong operational performance combined with this important move confirms our strategic evolution which further aligns SGS to the key TIC megatrends , said Frankie Ng, Chief Executive Officer of SGS.
SGS 2020 Full Year Results
A Strong Performance in 2020 Confirms the Group s Strategic Evolution I am proud of the dynamism and responsiveness demonstrated by our employees in a challenging period. Their hard work, commitment and entrepreneurialism in supporting our customers have resulted in a strong operational performance for SGS in 2020, reinforcing our leadership position in the TIC industry.
We have taken significant strategic steps forward in 2020, both through the acquisition of SYNLAB Analytics & Services (A&S) and by launching the next phase of our planning. The strong operational performance combined with this important move confirms our strategic evolution which further aligns SGS to the key TIC megatrends , said Frankie Ng, Chief Executive Officer of SGS.
CSA results are used to select companies in the Dow Jones Sustainability Indices (DJSI). The DJSI is a globally renowned independent benchmark that measures company performance across material, economic