Intertek snaps up US retail testing firm

Product testing group Intertek has acquired 4th Strand, a US provider of product quality and benchmarking services to the retail industry, which will be integrated into the group's Consumer Goods division.

Product testing group Intertek has acquired 4th Strand, a US provider of product quality and benchmarking services to the retail industry, which will be integrated into the group's Consumer Goods division.

4th Strand, purchased from its management shareholders for $6.4m (£4.1m), is used by retailers in their analysis of product lines and also in the development of higher quality own-brand products.

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