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Intertek

Standards

Intertek Acquires Moody International

Purchase extends Intertek’s capabilities in technical inspection and asset-integrity management

Published: Thursday, May 19, 2011 - 10:54

(Intertek: Boxborough, MA) -- Intertek, an international provider of quality and safety services, has acquired Moody International, a worldwide technical services organization dedicated to reducing clients’ risks by providing technical inspection services, staffing services, consulting and training, and management system certification. Moody has 2,500 employees in 60 countries. Intertek completed the acquisition on April 28, 2011.

A global technical services platform

Moody’s services are used by engineering, procurement, and construction (EPC) companies, energy companies, and component manufacturers involved in the construction and operation of energy facilities. It is a leading provider of visual technical-inspection services worldwide. These services help multinational clients ensure the accurate and on-time installation of new facilities through inspection and expediting of components prior to installation.

Moody’s asset-integrity management and expert consulting services also help clients to increase the value of their operating assets. It provides independent analysis of data, chemical and materials, risk modelling, laser scanning and other forensic analysis to help companies reduce down-time, failure risks and associated costs and to extend the life cycle of assets. In addition Moody has gained recognition as one of the largest global providers of customized technical, leadership, marine and behavior-based safety consulting and training for the oil & gas and other high-risk industries.

Moody extends Intertek’s existing capabilities in technical inspection and asset-integrity management across all geographic regions, including Eastern Europe and with new footprints in South America and Africa.

Intertek provides expert services across the energy sector, including compliance consulting, product and component certification, emissions, and a wide range of production, product and supply chain-related testing, inspection, and analytical services. Moody and Intertek are able to offer a complementary mixture of services to clients across the entire energy chain.

Management systems certification

Moody is also a global management-systems certification provider, delivering a range of services in the fields of quality, environmental, occupational health and safety, food, automotive, and marine fishery certification. It provides systems certification services in more than 25 countries for ISO 9001, ISO 14001, OHSAS 18001, and ISO 22000 standards, among others. Moody is a market leader in Asia and one of the top three providers in China and Japan. The company’s global presence enables Intertek to extend its existing systems certification capabilities further into Africa, the Middle East, and greater Europe.

“Moody is a leader in its chosen markets and strengthens Intertek’s industry services and systems-certification capabilities globally,” says Wolfhart Hauser, CEO of Intertek Group. “We are able to offer Intertek and Moody clients a range of highly complementary quality and safety services across the entire energy chain, covering energy assets, processes, and products.”

“Moody’s business geographies deepen and extend Intertek’s global coverage and increase our reach and service portfolio for clients,” says Stefan Butz, group executive vice president of Intertek’s Industry and Assurance division. “Moody helps us meet our clients’ increasing demand for independent quality and safety support in some of the world’s fastest-growing regions. Our extended global platform will allow us to develop innovative technical service support, including asset integrity management, across the wider energy and industrial markets in the future, leveraging Intertek’s global resources and expertise.”

“Moody and Intertek are a perfect fit and enable us to provide intuitive service-bundling that is tailored to our clients’ different operations and needs,” says Brendan Connolly, CEO of Moody. “We can offer our world-class technical inspection, consultancy, and training services to Intertek’s clients, and we will benefit from Intertek’s expertise in leading quality and safety across all industries. This is a compelling combination for our clients and for our people; we are very excited about our joint future.”

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Intertek

Intertek goes beyond testing, inspecting, and certifying products. Intertek provides a systemic approach to supporting its customers’ quality assurance efforts in each of the areas of their operations including R&D, raw materials sourcing, components suppliers, manufacturing, transportation, distribution and retail channels, and consumer management. Intetek’s network of more than 40,000 employees in 1,000 laboratories and offices in 100 countries provides quality and safety solutions to a wide range of industries.