Intertek Strengthens Product Testing with Flooring Firm Acquisition

Intertek Group plc (LON: ITRK), a global Total Quality Assurance (TQA) provider, has announced the acquisition of Professional Testing Laboratory, LLC (PTL), a leading US-based flooring products testing company.

This move strengthens Intertek’s position in the high-growth, high-margin flooring materials market.

This acquisition strategically positions Intertek to capitalize on rapidly evolving consumer trends and increasingly stringent regulatory demands within the flooring industry. PTL, a market leader in the USA, expands Intertek’s North American presence in a sector experiencing significant growth.

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PTL, founded in 1988, operates from a 30,000 square foot laboratory in Dalton, Georgia, a major flooring manufacturing hub. The company generated £4.3 million in revenue in 2024 and employs 26 people.

The acquisition is expected to generate commercial synergies by expanding PTL’s services to Intertek’s existing client base, including major retailers. Intertek also plans to leverage its existing capabilities in the US to provide new services to PTL’s customers.

The global flooring market is valued at $376 billion and is projected to grow at 6.8% annually through 2030. This acquisition also provides Intertek with the opportunity to expand PTL’s testing services internationally, leveraging Intertek’s global footprint.

CEO André Lacroix stated, “The acquisition of PTL is highly complementary to Intertek’s comprehensive range of product-related testing and certification capabilities in North America and across the globe, strengthening our presence in an attractive, high-growth, high-margin flooring materials market with compelling growth drivers. We welcome the PTL team to Intertek and look forward to the growth opportunities ahead.”