Intertek Group plc (LON:ITRK), a leading Total Quality Assurance provider to industries worldwide, has announced that it has acquired Suplilab, a market-leading provider of food safety and medical devices testing services, based in San José, Costa Rica.
• Fast-growing Costa Rican economy is driving a strong demand for Risk-based Quality Assurance services in food safety and medical device testing sectors
• Suplilab is a high-quality ATIC provider with a leading scale position and a track record of fast growth in high-margin sectors
• Acquisition of Suplilab gives Intertek immediate access to attractive ATIC growth opportunities in Central America
The Costa Rican economy is growing rapidly, creating a significant market for Risk-based Quality Assurance solutions that can cater to rising demand from consumers for safer and more sustainable food options, and the strong expansion of the country’s medical devices market.
Suplilab is a high-quality business with industry-leading technical expertise in microbiology, water and chemistry testing and has established a market-leading position in the food and medical devices sectors based on a strong track record of rapid growth in these high-margin spaces. Suplilab employs 38 highly skilled colleagues and generated revenues of £3.1m in 2024.
The acquisition will enable Intertek to establish a leading position in Costa Rica’s food and medical devices sectors, offering immediate access to a large customer base and a fast-growing ATIC market in Central America.
André Lacroix, Chief Executive Officer of Intertek, said: “The acquisition of Suplilab in Costa Rica is an exciting opportunity to enter into Central America’s high-growth, high-margin food and medical devices spaces, deepening our industry-leading ATIC footprint in Latin America. We look forward to working with the Suplilab team to seize the exciting growth opportunities ahead.”
