SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEERING CO., LTD. (HJEL)

9/14/2010, 7:00 AM (Source: GlobeNewswire)

SGS-0.18%

2,750.00
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SGS / SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEERING CO., LTD. (HJEL) processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

Based in Yantai, in the northeastern province of Shandong, HJEL is a leading,
independent, professional, industrial testing business.
Founded in 1994 and privately owned, HJEL's core businesses includes
non-destructive testing (NDT), material and chemical testing, and heat treatment
for the power, shipping and petrochemical industries.
The company has particular expertise in the testing of spherical and vertical
tanks, steam turbines, generators, long-distant pipelines, civil nuclear
facilities and shipping and ocean engineering.

HJEL operates in 19 provinces and employs more than 120 highly qualified staff.

"I am delighted to announce the purchase of HJEL. It is a new milestone in our
very successful development in China and I am pleased to welcome our new
colleagues to the SGS Group" said Chris Kirk, CEO of SGS. "This acquisition is
fully in line with our strategy to position SGS as a key service supplier to the
fast growing domestic industrial and energy sector in China."
" SGS has more than 8,000 staff in China which represents our biggest market and
this acquisition will further increase our exposure to and enhance our brand in
the domestic industrial and power markets." It also represents our first
acquisition in China and we would like to think, the first of many".





ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification,
testing and certification services. Founded in 1878, SGS is recognized as the
global benchmark in quality and integrity. With 59'000 employees, SGS operates a
network of over 1'000 offices and laboratories around the world.


FOR FURTHER INFORMATION, PLEASE CONTACT:

Jean-Luc de Buman
Corporate Communications & Investor Relations

SGS SA
1 place des Alpes
CH 1211 Geneva 1
Tel:     +41 (22) 739 95 93
Fax:   +41 (22) 739 98 61
SGS.Investor.Relations@sgs.com
WWW.SGS.COM




[HUG#1444196]



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SGS
1 place des Alpes
P.O. Box 2152 Geneva 1 Switzerland

ISIN: CH0002497458;

SGS ACQUIRES YAN TAI HUAJIAN INSPECTION ENGINEERING CO., LTD. (HJEL):
http://hugin.info/100354/R/1444196/388008.pdf




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