by Brianna Crandall — March 18, 2011—Intertek Group, an international provider of quality and safety services, has entered into a conditional agreement to acquire Moody International for a consideration of $730 million.
Moody is a worldwide provider of quality and safety services to the global energy industry. It also provides systems certification services to the manufacturing, construction and service markets. Moody is headquartered in Haywards Heath, U.K., and employs approximately 2,500 people in over 80 offices and 60 countries.
Moody will join the Industrial Services division of Intertek. Together Intertek and Moody expect to have a leading technical services platform in Intertek’s sector of the global energy market.
For more information, see the Web site.