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SGS Group acquires three new companies to strengthen its global position

SGS, a global leader in testing, inspection and certification, announces that it has entered into definitive agreements to acquire three additional businesses as part of its M&A relaunch strategy: Gossamer Security Solutions (“Gossamer”) in the United States, and Analisis Quimico y Microbiologico SAS (“AQM”) and Cromanal SAS (“Cromanal”) in Colombia.

Gossamer is a global provider of cybersecurity assessment, testing, and consulting services for connected devices. It is a leader in evaluating products against Common Criteria, the international set of standards for IT security certification. Founded in 2012 and headquartered in Maryland, Gossamer has 30 highly specialized employees and has grown rapidly. The acquisition is expected to close on July 31, 2024.

AQM and Cromanal are key players in the Colombian pharmaceutical testing industry. The companies hold key accreditations and offer services in microbiology, physical chemistry, liquid and gas chromatography for raw materials and finished products, as well as stability studies and validations. Founded in 1995 and 2006 respectively, AQM and Cromanal are based in Bogota, Colombia and have a total of 140 employees. Acquisitions are subject to antitrust approvals.

Géraldine Picaud, CEO of SGS, commented: “We are delighted to welcome the talented teams from Gossamer, AQM and Cromanal to SGS. Gossamer further strengthens the strength of our Brightsight brand in the growing cybersecurity market and reinforces our leadership position in North America. These acquisitions are fully aligned with our 2027 strategy to capitalize on the strong megatrends in our industry and rebalance our geographic position.”

SGS is the world’s leading testing, inspection and certification company – recognized worldwide as the benchmark for sustainability, quality and integrity. SGS’s 99,600 employees operate a network of 2,600 offices and laboratories around the world.

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