Intertek expands into US flooring market with PTL acquisition.


Quality assurance specialist Intertek said it had bought US-based Professional Testing Laboratory, which provides testing services for the flooring industry, for an undisclosed sum.

  • Intertek Group
  • 26 November 2025 07:23:07

Source: Sharecast

Intertek said the purchase was “highly complementary” to its TQA business in North America and would unlock strong commercial synergy opportunities, such as expanding PTL's services to Intertek's existing clients, including major retailers.

“In a global flooring market valued at $376bn and forecast to grow at 6.8% per annum to 2030, the acquisition also provides an opportunity to expand PTL's testing services internationally, broadening beyond the USA by leveraging Intertek's scale and global footprint in other key flooring markets around the world,” the company said on Wednesday.

Founded in 1988, PTL operates from a laboratory in Dalton, Georgia and generated revenues of £4.3m in 2024.

Reporting by Frank Prenesti for Sharecast.com


Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: 22.63 ( 0.24 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.