SGS buys Herguth Laboratories for undiclosed sum


ZURICH — SGS S.A> (SGSN.VX) Tuesday said it acquired Herguth Laboratories, Inc., based in Vallejo, California, for an undisclosed sum.

MAIN FACTS:

– Herguth Laboratories, Inc. is a leading independent laboratory with strong expertise in lubricants, petroleum-based substance testing and tribological research, primarily serving the energy and transportation industries.

– Founded in 1980 and privately owned, Herguth Laboratories Inc. operates two facilities in Vallejo, CA and Naperville, IL.

– The company has 46 employees and is expected to generate revenues of $5.5 million in 2012.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


View more information: https://www.marketwatch.com/story/sgs-buys-herguth-laboratories-for-undiclosed-sum-2013-01-08

Articles in category: moneyist
See also  BD to get $42 million to manufacture vaccine injection devices

Leave a Reply

Back to top button