Aquin Advises:
On The Sale To:
Key Terms
| > | In April 2017, Intertek Group Plc, a Total Quality Assurance provider to a range of industries worldwide, acquired KJ Tech Services GmbH, a leading provider of vehicle road testing services. |
| > | Aquin acted as the exclusive M&A advisor to the owners of KJ Tech, Dr. K. Christian Schödel and Dr. Ulrich J. Schödel. |
Strategic Logic
| > | KJ Tech’s on-road testing solutions fully complement Intertek`s capabilities and expertise in providing laboratory-based services to the automotive industry. Intertek is now uniquely positioned to provide a Total Quality Assurance service offering to its automotive clients globally. |
| > | In becoming part of Intertek Group, KJ Tech benefits from Intertek`s worldwide presence to better meet the demands of its customers. |
| > | The KJ Tech portfolio includes full vehicle road fleet testing, data accumulation and analytical assessment for components, systems, lubricant and engine testing, test method development and industry benchmarking. |
| > | Headquartered in Griesheim (Germany), with approximately 100 employees, KJ Tech Services has been providing on-road vehicle, component, lubricant and fuel testing services to the automotive industry for more than 27 years. |
| > | Intertek Group Plc is a leading provider of Total Quality Assurance to a wide range of industries with a global network of more than 1,000 laboratories and offices, employing over 42,000 people in more than 100 countries. |
| > | Intertek delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for its customers’ operations and supply chains. |