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Intertek acquires Umitek, Iberica

Intertek Group plc, a leading international provider of quality and safety services to a wide range of industries, announced that its oil, chemical and agri division (Caleb Brett) has made two acquisitions. Umitek Ltd. was acquired for £10 million (US$19.61 million) and CB Iberica, of which Intertek previously owned 4.7%, was acquired in full for 8.5 million (US$11.16 million). Umitek, based in Manchester and Aberdeen in the U.K., provides specialist testing and consultancy services to the oil and gas industries in the North Sea and globally. CB Iberica, based in Bilbao, Spain and with laboratories throughout the peninsula, provides technical inspections and fuel analysis services to petroleum, chemical and fuel retailer clients. Both were cash acquisitions. Intertek offers a wide range of R&D, laboratory testing, inspection, consultancy, outsourcing and related activities to support clients on a global basis. (January 16, 2007)