Intertek Group plc is a multinational business which carries out inspections, product testing and provides certification to export companies. They have sites all over the world which oversee inspection operations in each country.
Intertek were founded in the 1880’s when they started testing cargo before export to ensure that customers were receiving what they were paying for. These days they also act as a check against illegal smuggling of goods and health and safety of products being imported. Several companies came together to form Intertek – one of the original companies was a lamp testing company which was formed by Thomas Edison, along with the marine testing company set up by Caleb Brett and a testing lab set up by Milton Hersey. All of these original companies were taken over by Inchcape during their period of expansion during the 1980s and 1990s.
Intertek is the largest commercial products testing company in the world and has over 1000 laboratories around the world.
Intertek launched Tradegood (www.itradegood.com) in 2012, which is a business-to-business global sourcing community to help buyers and suppliers come together. The Tradegood Café provides video conferencing facilities to help buyers and sellers communicate more effectively.
Intertek was a part of Inchcape until 1996, when there was a management buyout of the testing services division by Charterhouse Development Capital.
Intertek is a FTSE 100 company
||Chief executive officer||£534,000||£872,000||£1,406,000|
||Chief Financial Officer||£388,000||£331,000||£719,000|
For further information, please visit: www.intertek.com/investors
References and Sources
“Wolfhart Hauser: Executive Profile & Biography”. BusinessWeek. McGraw-Hill. Retrieved 17 September 2009.
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