The group is focused on strengthening activities where it has a leading global position
Barcelona, March 19 2014. Applus+, a global inspection, testing and certification company, has signed an agreement with Eurofins, for the sale of ‘Applus+ Retail Testing’, a subsidiary of Applus+ Laboratories, its testing and certification businesses for the agrofood and non-food retail sector.
The divestment enables Applus+ to continue to focus on implementing its business growth strategy, concentrating on activities where it has a leading global position.
Applus+ is a global leader in the following lines of business: inspection and testing for the oil & gas industry, vehicle inspection, engineering and testing for the automotive sector and laboratories targeting industry (aerospace and transportation), construction and payment methods (smartcards). Applus+ Laboratories’ testing division of agrofood and consumer products had a turnover of €11 million in 2012 and employs 162 professionals, with the majority of its business based in Spain.
Fernando Basabe, Applus+ CEO commented: “We are pleased with this transaction as it is commercially beneficial to all parties. The divestment will enable Applus+ to continue to focus on implementing its business growth strategy, concentrating on activities where it has a leading global position”.