SGS expands cosmetics testing with IEC acquisition
GENEVA, SWITZERLAND — SGS, a testing, inspection, and certification company, has announced its acquisition of Institut d’Expertise Clinique (IEC), a Clinical Research Organization specializing in advanced clinical testing for the cosmetics industry.
The acquisition, pending customary pre-closing conditions, will further enhance SGS’s capabilities in cosmetics and hygiene testing.
Global expansion and outsourcing services of SGS
The acquisition aligns with SGS’s strategic goals to reinforce its position as a global leader in cosmetics and hygiene testing.
With IEC’s nearly 150 full-time employees and its complementary geographic footprint, SGS will be able to expand its reach and offer enhanced services to clients worldwide.
To help businesses operate more efficiently and effectively, SGS offers a range of outsourcing services, such as IT services, 24/7 operations support for the SGS network, and back office operations, including Knowledge Process Outsourcing (KPO).
“We are delighted to welcome IEC and its talented teams to SGS. This acquisition aligns with our strategic goals and further reinforces our global leadership in cosmetics and hygiene testing,” said Géraldine Picaud, CEO of SGS.
“IEC brings to SGS innovative capabilities and strong scientific expertise as well as complementary geographic footprint and service offering.”
Benefits of the acquisition
Etienne Camel, President of IEC, noted the potential benefits of the acquisition for clients, describing SGS as a “powerful network.”
“Joining SGS, the leader in our industry, is a very exciting development for IEC. It will help us serve our clients even better by leveraging the many synergies that such a global player offers, whether in terms of innovation, marketing, best practices, or international expansion.”
Once finalized, the integration of IEC into SGS’s global network of 2,600 offices and laboratories is expected to create synergies and enhance the company’s ability to serve the cosmetics industry’s evolving needs.
Founded in 1990 and headquartered in France, IEC has established itself as a key player in cosmetics testing.
The company conducts comprehensive multicentric safety and efficacy studies, in vitro tests, sensory analyses, and consumer tests on dermatological and ophthalmological cosmetic, personal care, and hygiene products.
With operations spanning Europe, Asia, and Africa, IEC serves a prestigious international client base within the cosmetics industry.
