SGS acquires a German dermatology testing laboratory

The Swiss group SGS, which specializes in product inspection and certification, is expanding its testing activities for cosmetics and hygiene products with the acquisition of the German dermatology laboratory Proderm GmbH, he announced on Friday. Based in Hamburg, this laboratory founded in 1994 specializes in clinical tests for cosmetics, personal hygiene products and medical products, indicates the Geneva group in a press release.

It tests skin creams as well as anti-aging care, baby products, deodorants, depilatory products as well as medical equipment and products, among others for skin irritations, details the laboratory on its website. SGS, which regularly makes targeted acquisitions, did not disclose the amount of the transaction. However, he specified that Proderm’s annual turnover last year amounted to the equivalent of 13 million Swiss francs (13.1 million euros) for the fiscal year ended June 30, 2021. He employs 140 people.

This acquisition “significantly strengthens” the activities of the Swiss group in cosmetics and hygiene products, underlined its boss, Frankie Ng, quoted in the press release. The Geneva group, which notably counts the French companies Eurofins Scientific and Bureau Veritas among its main competitors, has 45 laboratories worldwide specializing in analyzes for cosmetics, detergents and hygiene products. Since the start of the year, SGS has sealed six transactions, including the acquisition of a French laboratory based in Cherbourg-en-Cotentin for tests intended for the navy and nuclear industries and the acquisition of a monitoring of marine environments in Chile. SGS is active both in tests for toys, food products, air quality and in petrochemical services.

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