Swiss inspection, testing and certification company SGS has acquired Denver, Colorado-based Argus, a company which provides inspection, audit, safety and compliance services to the aviation market.
Argus employs around 100 employees and generated revenues of approximately US$10 million last year.
Frankie Ng, CEO of SGS said, “Argus is a globally recognized brand name in the airline, business aviation, fixed wing and rotary engine markets.
“Its broad client base and international activities will help SGS grow and keep pace with the increasing global demand of air traffic and safety.”
SGS employs more than 97,000 employees and operates a network of 2,600 offices and laboratories around the world. The company offers a range of testing and compliance services to the aerospace industry within MRO, manufacturing and quality and risk management.