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Investment: ISSPL announces acquisition of Jaipur test laboratory

Fiinews by Fiinews
February 17, 2022
in Investment
Reading Time: 1 min read
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IRClass

Vishwas Jain of CEG Test House (left) and Arun Sharma of ISSPL signing the acquisition pact.

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Sharma says acquisition is strategic to offer full phase testing services

IRClass Systems and Solutions Pvt Ltd (ISSPL), an entity promoted by Indian Register of Shipping (IRClass), has acquired several verticals of CEG Test House including Food & Agriculture, Pharmaceutical, AYUSH and Environmental Testing.

Through the acquisition of this test laboratory, ISSPL will be able to offer testing services to several key verticals under one roof. This move strengthens ISSPL’s presence in the testing laboratory segment.

The Jaipur-based facility, which has been serving the industry for 17 years, is fully upgraded to ensure integrated services and a state-of-the-art approach to food, pharma, AYUSH and environmental solutions.

“This acquisition is another strategic development to offer full phase testing services in India towards developing our Testing, Inspection and Certification portfolio. ISSPL is on a strong growth path and is actively exploring opportunities to broaden its scope of services through organic as well as inorganic means,” ISSPL Chairman Arun Sharma said on 16 Feb 2022, announcing the acquisition.

ISSPL, promoted by IRClass, provides one stop solutions for Testing, Inspection & Certification requirement of industry to achieve Quality, Safety and Reliability across value chain.

ISSPL is recognized for its technical competency and experience for more than 40 years. fiinews.com

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