SGS Acquires 20 Percent Stake in Transparency-One, USA
May 30, 2016
SGS is pleased to announce the acquisition of a 20 percent stake in Transparency-One, headquartered in Boston, Massachusetts, USA.
Transparency-One is a platform for supply chain visibility and risk management. It maps the entire supply chain, tracks compliance, and provides analytics to proactively manage business risks. It helps companies interconnect and share meaningful product and facility data.
Founded by Jérôme Malavoy, Transparency-One leads the market with cutting-edge graph database technology combined with global supplier onboarding services. The expertise that SGS can offer with the Transparency-One platform will help ensure safe supply chains and protect customers.
"I am very happy with this partnership, which is fully in line with our TIC 4.0 strategic initiative,” said Frankie Ng, CEO of SGS. “We will continue to partner with selected technology providers to enhance and extend our scope of services."
For further information, please contact:
Jean-Luc de Buman
Communications & IR
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 85,000 employees, SGS operates a network of over 1,800 offices and laboratories around the world.