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LONDON - Intertek Group plc has acquired Professional Testing Laboratory, LLC (PTL), a provider of testing services for the flooring industry based in the United States, according to a press release statement issued Wednesday.
The acquisition expands Intertek’s Total Quality Assurance business in North America within the flooring materials testing sector. PTL operates from a 30,000 square foot laboratory in Dalton, Georgia, which is described as one of the largest flooring manufacturing hubs globally.
Founded in 1988, PTL currently employs 26 people and generated revenues of £4.3 million in 2024. The company provides testing services primarily to the USA flooring industry.
Intertek indicated that the acquisition aligns with its existing product testing capabilities and will allow for potential expansion of PTL’s services to Intertek’s client base, which includes major retailers. The company also plans to leverage its global presence to expand PTL’s testing services internationally beyond the US market.
"The acquisition of PTL is highly complementary to Intertek’s comprehensive range of product-related testing and certification capabilities in North America and across the globe," said André Lacroix, Chief Executive Officer of Intertek, in the statement.
The global flooring market is valued at $376 billion and is forecast to grow at 6.8% per annum to 2030, according to Grand View Research data cited in the announcement.
The financial terms of the acquisition were not disclosed in the statement.
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