SGS acquires cosmetics testing solutions company IEC

SGS Acquires IEC to Strengthen Global Position in Cosmetics and Hygiene Testing SGS has agreed to acquire Institut d'Expertise Clinique (IEC), a leading clinical research organization in the cosmetics sector operating in advanced clinical testing solutions. IEC conducts multi-center safety and efficacy studies, in vitro tests, sensory analysis and consumer testing on dermatological and ophthalmological cosmetics, personal care and hygiene products. Founded in 1990 and headquartered in France, IEC serves an international customer base comprising some of the cosmetics industry's most prestigious global names, operating in Europe, Asia and Africa. The company employs approximately 150 full-time staff. SGS Chief Executive Officer Géraldine Picaud stated: "We are pleased to welcome IEC and its talented teams to SGS. This acquisition, aligned with our strategic objectives, further strengthens our global leadership in cosmetics and hygiene testing. IEC brings innovative capabilities and strong scientific expertise to SGS, along with complementary geographic coverage and service scope." Completion of the acquisition is subject to closing conditions, including consultation procedures with employees in France. Source