Intertek has acquired Professional Testing Laboratory (PTL), a leading testing service provider in the US flooring industry, enhancing its market position and service offerings in a high-growth sector.
Information on the Target
Intertek Group plc has acquired Professional Testing Laboratory, LLC (PTL), a premier provider of testing services specifically for the flooring industry in the USA. Founded in 1988, PTL operates from a 30,000 square foot laboratory located in Dalton, Georgia, which is known to be one of the largest hubs for flooring manufacturing globally. With a workforce of 26 employees, PTL generated revenues of £4.3 million in 2024. This acquisition not only enhances Intertek's testing capabilities but also positions PTL advantageously to leverage emerging consumer trends and regulatory requirements that demand high-quality assurance in flooring materials.
Industry Overview in the Target’s Specific Country
The flooring industry in the United States is currently valued at approximately $376 billion, with projections indicating a robust annual growth rate of 6.8% through 2030. The increasing focus on quality, safety, and sustainability has led to a surge in demand for industry-leading Assurance, Testing, Inspection, and Certification (ATIC) services. As consumer preferences evolve and regulatory standards become more stringent, companies like PTL are strategically positioned to adapt and deliver services that address these challenges.
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Moreover, the global shift towards sustainable materials in the flooring sector is influencing manufacturers to seek reliable testing services that ensure compliance with safety standards. This demand is augmented by the need for enhanced product differenti
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Intertek Group plc
invested in
Professional Testing Laboratory, LLC
in 2025
in a Merger deal
Disclosed details
Revenue: $5M