Intertek Group plc has acquired TESIS, a leading provider of building products testing services in Brazil, positioning itself to capitalize on the country's growing construction market.

Target Information

Intertek Group plc, a prominent Total Quality Assurance provider, has reached an agreement to acquire TESIS – Tecnologia e Qualidade de Sistemas em Engenharia Ltda, a leading provider of building products testing and assurance services based in São Paulo, Brazil. Founded in 1988, TESIS operates from its well-equipped laboratory, delivering high-quality testing services across various building product categories, including faucets, valves, adhesive mortars, decorative paints, and sanitation solutions. With over 80 employees, TESIS generated revenues of £3.7 million in 2024, making it an attractive addition to Intertek's portfolio.

Industry Overview in Brazil

The construction industry in Brazil, currently valued at $120 billion, is expected to grow at an annual rate of 4.8% through 2033. Factors such as increasing urbanization, population growth, and heightened awareness of product quality and sustainability are creating significant demand for housing and related infrastructure. Legislative and governmental programs aimed at improving access to affordable housing and basic sanitation further drive investment in this sector, necessitating improvements in standards and regulatory frameworks.

In recent years, society has become more aware of the importance of quality and sustainability when it comes to construction materials. This trend is steering demand towards testing and assurance services that can guarantee compliance