Barcelona, 3rd April 2017 – Applus+, a global testing, inspection and certification company, strengthens its portfolio of service to the electrical and electronic products sector with the acquisition of Emilab, a testing laboratory located in Northern Italy.
This acquisition is part of the Laboratories division’s strategic plan to increase its international presence in high-technological value sectors. With this acquisition, the division increases its geographical coverage of electromagnetic compatibility, electrical safety and environmental testing services.
The combined capabilities of both companies will enable the improvement and expansion of testing and certification services for manufacturers of electrical and electronic products. Applus+ also strengthens its position as a testing laboratory for automotive components and completes its range of accreditations in this sector.
Emilab has 19 years of experience in the market and a workforce of 15 highly specialized professionals. In 2016, the laboratory had revenue of 1.9 million euros. Emilab's customer base is diversified among sectors with a high growth potential.
“Emilab integration into Applus+ is an important step in our international growth and consolidation strategy in key markets and sectors. This acquisition reinforces the services we offer to manufacturers of electrical and electronic products and creates new opportunities to expand our client base", said Jordi Brufau, Executive Vice President of Laboratories division.
Silvano Chialina, Emilab Founder and CEO, said: "Emilab is a company that has always operated with excellent results in high-tech sectors. Joining Applus+ we aim to open up to the global market and increase our potential in the automotive testing industry. It is an important step that will give us all new energy."
About the Applus+ Group
Applus+ is one of the world’s leading and most innovative companies in the testing, inspection and certification sector. It provides solutions for customers in all types of industries to ensure that their assets and products meet health and safety, quality and environmental standards and regulations.
Headquartered in Barcelona, Spain, Applus+ operates in more than 70 countries and employs 19,000 people. Applus+ operates through four global divisions, all of which provide services under the Applus+ brand name. In 2016, Applus+ recorded a total revenue of €1,587 million and adjusted operating profit of €141 million.
Applus+ is listed on the Barcelona, Bilbao, Madrid and Valencia stock exchanges with a total of 130,016,755 shares.
ISIN: ES0105022000
Symbol: APPS-MC
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