#London #United Kingdom #Intertek #Envirolab #EnvironmentalTesting

Intertek's Strategic Acquisition of Envirolab

In a significant move to bolster its market presence in the Asia-Pacific region, Intertek Group plc, a leading global quality assurance provider headquartered in London, has officially acquired Envirolab, an Australian company specializing in environmental testing and analysis services. This strategic acquisition is part of Intertek's broader objectives to tap into the rapidly expanding environmental testing market.

Key Highlights of the Acquisition

• - Strengthening Market Presence: This acquisition solidifies Intertek’s position in the growth market of environmental testing within the Asia-Pacific (APAC) region.
• - High-Quality Services: Envirolab's track record in providing high-quality and profitable environmental testing services will be a valuable addition to Intertek's offerings.
• - Synergy Creation: The acquisition fosters synergies with Intertek’s existing customer base, enhancing service delivery and capability.
• - New Market Opportunities: By integrating with ATIC solutions, Intertek aims to explore new market opportunities that arise from this acquisition.

The Expanding Environmental Testing Market

Globally, the environmental testing market is valued at around $20 billion and is expected to grow at a compound annual growth rate (CAGR) of approximately 6.6% between 2025 and 2033. The APAC region stands out, accounting for about 15% of the global market with a projected growth rate of 7.4%, making it the most attractive area for investment in environmental testing services.

About Envirolab

Envirolab operates five laboratories across Australia and New Zealand, providing extensive environmental testing services for various parameters including soil, water, air, materials, biological samples, and chemical substances, especially focusing on PFAS (per- and polyfluoroalkyl substances). The company boasts a highly skilled workforce of over 200 specialists, reinforcing its reputation in the industry.

With a revenue of approximately £28 million reported for the financial year ending in June 2025, Envirolab is poised for significant growth. Additionally, the opening of a state-of-the-art laboratory in Perth, spanning over 46,000 square feet, underscores the company’s commitment to enhancing its technical capabilities and infrastructure.

Executive Insights

André Lacroix, CEO of Intertek Group, expressed enthusiasm regarding the acquisition: “Envirolab brings deep technical expertise and a proven record of growth and profitability in delivering high-quality environmental testing services in Australia. We're eager to collaborate with the Envirolab team to capture exciting growth opportunities within the environmental testing sector, meeting the rising demand for comprehensive risk-based quality assurance solutions.”

Prospects in the Japanese Market

Tomohide Kimura, Intertek Japan Group’s representative director, emphasized the acquisition's significance as a part of Intertek's global strategy, stating, “This acquisition holds substantial importance for the Japanese market as well. By incorporating Envirolab's advanced technical skills and expertise into our services, we aim to enhance our responsiveness to the needs of Japanese companies. With increasing environmental regulations and corporate emphasis on sustainability, the demand for environmental testing is expected to rise, leading to accelerated value creation towards a sustainable society.”

About Intertek

Established with a vision to provide quality, safety, and sustainability to businesses globally, Intertek operates over 1,000 laboratories and offices across more than 100 countries. The company's mission is to support clients' efficient and sustainable operations through dependable quality assurance services offered 24/7. Intertek's promise to customers focuses on delivering comprehensive quality assurance solutions accurately, swiftly, and passionately, ensuring a safe continuation of their business operations.

For more details on Intertek’s services, visit Intertek Japan or follow our official social media accounts on X, Instagram, Facebook, and YouTube for the latest updates.