SGS: fundamental acquisition in US agricultural market

8 years ago - Published in Commodities, Finance

The Geneva-based SGS Group (Société Générale de Surveillance), world leader in the certification and inspection industry, expands its activities in agriculture in the United States. It acquired McCrea's license and assets, an agency approved by the US Department of Agriculture. This was reported by Reuters.

The acquisition is expected to generate annual revenues of about $ 0.5 million today indicates the multinational Geneva who did not disclose the cost of the operation.