South Africa: SGS acquires Matrolab
Wednesday, 18 November 2015 16:12
World leader of inspection and certification SGS announced in a release published on 16 November, that it has purchased the South African company Matrolab which specializes in the review of construction and engineering materials. The amount of the transaction has not yet been disclosed.
Based in Pretoria, Matrolab counts about thirty offices and laboratories in South Africa, and subsidiaries in Mozambique and Botswana.
Founded in 1970, the firm employs 400 people, and generates annual revenues of 110 million Rands (7.7 million of Swiss francs). “In addition with the acquisition of Metlab in 2012, acquiring Matrolab reinforces our presence and services in South Africa,” said Frankie Ng, SGS’ Managing Director.
Live News
-
Equatorial Guinea Eyes New Subsea Cable to Fix Unreliable Internet
09:40
-
Ethiopia Advances Nuclear Cooperation With Russia to Reduce Hydro Dependence
09:38
-
Senegal, Nigeria Seek Closer Alignment on Gas and Refining as Regional Trade Stalls
09:36
-
Mali Increases Farm Spending to $289 Million With Focus on Cotton and Food
09:34
-
Cameroon’s Vice Presidency Reform: A Response to Political Risk Weighing on Sovereign Ratings
20:33
-
Ghana's 3Farmate Bets on Robotics to Transform African Farming
14:49
-
Togo Exceeds Bond Target as Strong Demand Drives 4x Oversubscription
14:46
-
IMF appoints Mauritania’s Zeidane to head Africa Department
18:56
-
BCEAO sets June 30 deadline for operators to join instant payment platform
18:52
-
Cameroon higher education group plans microfinance bank for student startups
18:34
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...
Government considers joining Medusa cable to improve network stability Project estimated at €20–60 million, with rollout targeted for...
Ethiopia signs roadmap with Russia’s Rosatom to develop civil nuclear sector Partnership aims to reduce reliance on hydropower, which dominates...
Senegal and Nigeria deepen cooperation on gas, refining, and energy policy Talks build on existing regional frameworks like the West African Power...
Mali allocates $289 million to 2026/2027 farm campaign, up 2% Cotton output target set at 598,500 tons, a 38% increase Cereal production...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...