Intertek Group plc (IKTSY) Research

Intertek Group plc, founded in London, United Kingdom, in 1885, delivers comprehensive quality assurance expertise to diverse industries worldwide, including the United Kingdom, the United States, and other international markets. The company structures its operations into three primary divisions: Products, Trade, and Resources. The Products division provides a wide array of assurance, testing, inspection, and certification (ATIC) services. These include laboratory-based safety, quality, and performance evaluations; independent supplier auditing; sustainability assessments; comprehensive product assurance; vendor compliance verification; process performance analysis; and the verification of facilities, plants, and equipment, culminating in third-party certification. This division serves a broad spectrum of industries, encompassing consumer goods (such as textiles, footwear, toys, electronics, home appliances, and automotive components), industrial sectors (including aerospace, lighting, building products, and both traditional and renewable energy), and specialized fields like food and hospitality, healthcare and beauty, and pharmaceuticals. The Trade segment facilitates the global flow of goods by conducting cargo inspections, analytical assessments, and calibration services for the petroleum and biofuels industries. It also supplies essential inspection services to governments and regulatory bodies to support and streamline international trade activities, alongside providing analytical and testing support to agricultural trading firms and growers. The Resources segment addresses the needs of the oil, gas, nuclear, and power sectors through technical inspections, asset integrity management, analytical testing, and ongoing professional training programs. Furthermore, it offers extensive ATIC solutions to the mining and minerals exploration industries, covering the entire resource supply chain from initial exploration and resource development to production, shipping, and commercial settlement. Complementing these core services, Intertek Group plc also provides specialized cybersecurity solutions.

Market snapshot

Symbol
IKTSY
Price
$77.00
Day change
+0.80%
Market cap
$8.9B
P/E ratio
26.01x
52-week range
47.35-77.487
Sector
Industrials
Industry
Specialty Business Services

Recent news

  • EQT Agrees to Buy Intertek Group for $12.36 Billion

    The cash price is a 38% premium to its closing price on April 15, the day before EQT confirmed the approach.

  • UK's Intertek agrees $14 billion takeover by Swedish firm EQT, source says

    Britain's Intertek has reached ​an agreement to be taken ‌private by Swedish private equity firm EQT for about £10.6 billion ($14.10 billion), including debt, a ​person familiar with the situation ​said on Thursday.

  • UK takeover panel extends deadline for EQT takeover of Intertek

    British product testing firm Intertek said on Thursday the UK takeover panel has extended a ​deadline to June 18 for the £9.4-billion ($12.6 billion) bid ‌by Swedish private equity firm EQT AB.

Peer companies

  • Deutsche Lufthansa AG (DLAKF)
  • Element Fleet Management Corp. (ELEEF)
  • Fuji Electric Co., Ltd. (FELTF)
  • Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GPAEF)
  • Getlink SE (GRPTY)
  • Melrose Industries PLC (MLSPF)
  • Rentokil Initial plc (RKLIF)
  • Skanska AB (publ) (SKSBF)

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