TÜV NORD GROUP acquired a stake in SIPIZ AG to enhance testing and certification services in the Swiss construction industry by establishing a modern testing center.
Target Overview
The TÜV NORD GROUP is expanding its range of testing, inspection, and certification services for construction materials, components, windows, doors, gates, and facades. In June 2024, TÜV NORD International GmbH & Co. KG acquired a stake in SIPIZ AG, which evolved from previous organizations EMPA and VKF ZIP.
Together, they are establishing a modern testing center for construction products in Switzerland, leveraging TÜV NORD's extensive experience in the development and operation of testing facilities. The established services of SIPIZ in the testing, inspection, and certification of construction products, along with a comprehensive educational offering in the fields of windows, doors, and fire protection, will be integrated and further developed.
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Industry Overview in Switzerland
Switzerland's construction industry is known for its high standards of quality and safety, with stringent regulations governing construction practices. The demand for
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TÜV NORD International GmbH & Co. KG
invested in
SIPIZ AG
in 2024
in a Strategic Partnership deal