Intertek Caleb Brett has acquired two complementary businesses, Lloyd's Register Lubricant Quality Scan (LQS) and Lintec Testing Services
The acquisitions of Lintec and LQS complement existing test services for marine fuels and lubricant services to the global shipping and maritime industries.
Lintec Testing Services is a major provider of marine fuels analysis testing to ship-owners.
This acquisition will strengthen the existing collaboration between Intertek and Lloyd's Register in the field of fuel testing under the banner of the Lloyd's Register Fobas (fuel oil bunker analysis and advisory service) this acquisition will enable Caleb Brett to further strengthen its position in the marine fuel oil market and offer enhanced service to Lloyd's Register and its other clients.
The addition of Lintec's capabilities and expertise combined with Caleb Brett's extensive network of over 215 laboratories around the world will ensure delivery of best-in-class services.
Intertek Caleb Brett has also acquired the business known as LQS from Lloyd's Register.
LQS is a lubricating oil analysis and reporting service for marine lubricants and greases which is designed to improve information relating to the condition of rotating machinery.
The service can predict probable imminent failure of costly equipment, helping determine needed maintenance requirements for ships and avoiding expensive down-time and shipping schedule disruptions.
"We are delighted by the prospect of bringing Lintec's expertise and client network into our organisation," says Mark Loughead, CEO, Intertek Caleb Brett.
"This acquisition of Lintec and that of LQS will enable us to help Lloyd's Register to offer both existing and new clients with higher levels of fuel testing and advisory services than ever before".
"It is our intention to integrate the services offered by Lintec and LQS.
Through these acquisitions Intertek will continue to provide a high level of services to Lloyd's Register's clients".
"This will enable both existing and new clients to benefit from our extensive range of services, laboratory network and expertise".
"Lloyd's Register has already invested a great deal in making Fobas a more efficient, smoother global service, having recently established a service delivery office in Singapore for the express purpose of attending to the fuel testing advisory requirements of our clients," says Douglas Raitt, Global Fobas Manager.
"This acquisition by Intertek Caleb Brett comes at a perfect time".
"Not only do we now have our own global network of Fobas marine fuel consultants in place, we also have the benefit of a strengthened presence on the fuel testing side".
"Intertek's acquisition is good news for all involved, not least for ship-owners and operators looking for a reliable fuel testing and advisory service."