Intertek strengthens its products testing business with acquisition of leading flooring products testing company

• Rapidly evolving consumer trends and regulatory demands are accelerating the need for industry-leading ATIC solutions that ensure quality, safety and sustainability standards across all flooring materials
• PTL is a market-leading provider of testing services to the USA’s flooring industry and expands Intertek’s leading Total Quality Assurance (TQA) business in North America in a high-growth, high-margin sector
• PTL’s leading flooring products testing business is highly complementary to Intertek’s existing strengths in products testing ATIC solutions globally, unlocking attractive synergies across Intertek’s ATIC portfolio

Watch the video here: www.intertek.com/investors/PTL-video/

Intertek Group plc (“Intertek” and “Group”), a Total Quality Assurance provider to a range of industries worldwide, is pleased to announce that it has acquired Professional Testing Laboratory, LLC (“PTL”), a leading provider of high-quality testing services for the flooring industry, based in the USA.

Rapidly evolving consumer trends and increasingly rigorous regulatory demands are accelerating the need for industry-leading Quality Assurance solutions in the global flooring industry. As the market leader in high-quality testing services for the USA flooring market, PTL is well positioned to capitalise on these structural growth drivers.

The acquisition is highly complementary to Intertek’s leading TQA business in North America and will unlock strong commercial synergy opportunities, such as expanding PTL’s services to Intertek’s existing clients, including major retailers, while also capitalising on the Group’s existing capabilities in the USA to provide new services to PTL’s customer base.

In a global flooring market valued at $376bn and forecast to grow at 6.8% per annum to 2030¹, the acquisition also provides an opportunity to expand PTL’s testing services internationally, broadening beyond the USA by leveraging Intertek’s scale and global footprint in other key flooring markets around the world.

Founded in 1988, PTL operates from its 30,000 square foot laboratory in Dalton, Georgia, one of the largest flooring manufacturing hubs in the world. PTL today has 26 employees and generated revenues of £4.3m in 2024, making it a strategic acquisition in an attractive growth segment with a high-quality earnings model.

André Lacroix, Chief Executive Officer of Intertek, said: “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, strengthening our presence in an attractive, high-growth, high-margin flooring materials market with compelling growth drivers. We welcome the PTL team to Intertek and look forward to the growth opportunities ahead.”  

[1] Grand View Research’s Latest Market Research Findings Predict Major Shifts in Flooring Market by 2030

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

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