News in Brief
SGS expands in Belgium with Oleotest deal
Oleotest is a provider of chemical testing services in food, feed and agricultural commodities. The lab is ISO 17025 certified and based in Belgium.
The company is a member of the Grain and Feed Trade Association (GAFTA) and a recognised laboratory by the Netherlands Oils, Fats and Oilseeds Trade Association (NOFOTA).
Established in Antwerp and privately owned, the company generated 2017 revenues of €1.5m.
Analysis services cover vegetable oil and fats, cereals and derived products, milk powder and flour.
“This acquisition will provide fast entry into a complementary segment for chemical analyses, strengthening our leading position for agriculture, food and life in Belgium,” said Frankie Ng, CEO of SGS.
With more than 95,000 employees, SGS operates 2,400 offices and laboratories worldwide.
