London, UK
Intertek Group plc, a leading provider of quality assurance, testing, inspection, and certification services, today confirmed that it has rejected a £9.3 billion takeover proposal from EQT AB.
The Board of Intertek carefully reviewed the unsolicited proposal and determined that it significantly undervalues the company and its long-term growth prospects. As a result, the Board has unanimously decided to reject the offer, stating that it is not in the best interests of shareholders.
Intertek emphasized its strong market position, diversified global operations, and continued momentum across key sectors, including consumer goods, healthcare, and industrial services. The company highlighted its strategic initiatives and robust financial outlook as key drivers of sustainable value creation.
“We remain confident in Intertek’s strategy and future growth trajectory,” said a spokesperson for the company. “Our focus continues to be on delivering high-quality services, expanding our global footprint, and generating long-term value for our stakeholders.”
EQT AB, one of Europe’s largest investment organizations, has been actively pursuing opportunities in the testing, inspection, and certification sector as part of its broader investment strategy. However, Intertek’s leadership indicated that the current proposal does not adequately reflect the company’s intrinsic value or future potential.
Intertek reassured investors that it remains open to opportunities that align with its strategic vision and shareholder interests but reiterated that any proposal must fully recognize the company’s value.
About Intertek Group plc
Intertek Group plc is a leading Total Quality Assurance provider to industries worldwide. With a network of more than 1,000 laboratories and offices across over 100 countries, Intertek delivers innovative and bespoke assurance, testing, inspection, and certification solutions for customers’ operations and supply chains.
Last modified: April 16, 2026
