Add-on Acquisition • Test/Measurement Equipment

SGS Acquires CertX

On December 16, 2024, SGS acquired test/measurement equipment company CertX

Acquisition Context
  • This is SGS’s 12th transaction in the Test/Measurement Equipment sector.
  • This is SGS’s 2nd transaction in Switzerland.

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M&A Deal Summary

Date December 16, 2024
Target CertX
Sector Test/Measurement Equipment
Buyer(s) SGS
Deal Type Add-on Acquisition

Target Company

CertX

Fribourg, Switzerland
CertX is a certification and inspection body specializing in functional safety, cybersecurity, and artificial-intelligence assurance services. The Company provides assessments, product and process certifications, training, and independent safety reviews across industries including automotive, machinery, rail, and healthcare. CertX was founded in 2018 and is headquartered in Fribourg, Switzerland.
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Buyer Overview 1

Buyer

SGS

Geneva, Switzerland

Category Company
Founded 1878
Sector Test/Measurement Equipment
Employees94,938
Revenue 6.8B CHF (2024)
DESCRIPTION
Entrance to SGS' headquarters in Geneva, Switzerland.
Entrance to SGS' headquarters in Geneva, Switzerland.

SGS provides testing, inspection, and certification services for industries including agriculture, chemicals, consumer goods, energy, and transportation. The Company supports clients in verifying product quality, meeting regulatory standards, and ensuring supply chain integrity. SGS was founded in 1878 and is based in Geneva, Switzerland.


Deal Context for Buyer #
Overall 34 of 52
Sector: Test/Measurement Equipment 12 of 17
Type: Add-on Acquisition 27 of 44
Country: Switzerland 2 of 2
Year: 2024 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-04 Beta Analytic

Miami, Florida, United States

Beta Analytic specializes in carbon-14 radiocarbon dating, stable isotope analysis, and biobased testing for a range of industries, from environmental science to regulatory compliance. Beta Analytic was founded in 1979 and is based in Miami, Florida.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-08 Aster Global Environmental Solutions

North Lawrence, Ohio, United States

Aster Global Environmental Solutions is focused on the validation and verification of greenhouse gas (GHG) emissions and offsets, as well as forestry, ecosystem, and corporate and social responsibility services. Aster Global Environmental Solutions was founded in 2019 and is based in North Lawrence, Ohio.

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