Cross-industry testing, inspection and certification firm SGS is acquiring clinical testing specialist Institut d’Expertise Clinique (IEC).
France-based IEC focuses on safety and efficacy studies, in vitro tests, sensory analyses and consumer tests for dermatological and ophthalmological cosmetic, personal care and hygiene products.
The company operates in Europe, Asia and Africa for a global client base and currently employs nearly 150 staffers.
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“Joining SGS, the leader in our industry, is a very exciting development for IEC," says Etienne Camel, president of IEC. "It will help us to serve our clients even better by leveraging the many synergies that such a global player offers, whether in terms of innovation, marketing, best practices or international expansion. We are looking forward to joining such a powerful network.”
“We are delighted to welcome IEC and its talented teams to SGS," says Géraldine Picaud, CEO of SGS. "This acquisition aligns with our strategic goals and further reinforces our global leadership in cosmetics and hygiene testing. IEC brings to SGS innovative capabilities and strong scientific expertise as well as complementary geographic footprint and service offering.”
