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Intertek buys US firm for $5.4m	view all »

Testing and inspections group Intertek has bought US Plastics Technologies Laboratories (PTLI) from Jim and Margaret Beauregard for $5.4m in cash.

PTLI is based in Massachusetts and has laboratories in the UK and the Netherlands. "We are pleased to announce another strategic acquisition which enables Intertek to meet increased customer demand in a growing industry," said chief executive Wolfhart Hauser."We expect the trend for in-house plastics testing to continue to move towards outsourcing, creating further opportunities for Intertek in this sector," he added.

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