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Events / Business / Intertek acquires Mitsui Chemicals India lab
Business acquisition

Intertek acquires Mitsui Chemicals India lab

Analysis based on 7 articles · First reported Apr 17, 2026 · Last updated Apr 17, 2026

Sentiment
60
Attention
4
Articles
7
Market Impact
General
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Market Impact

The acquisition by Intertek of Sekisui Chemical' solar PV lab assets in India is expected to positively impact Intertek's market position in renewable energy assurance. This move aligns with India's ambitious solar energy targets, suggesting increased demand for quality assurance services in the region.

Renewable energy Chemicals Testing and certification
Event Summary

Intertek Group plc has acquired the assets of a solar photovoltaic (PV) laboratory in Ahmedabad, Gujarat, from Sekisui Chemical India Pvt. Ltd. This strategic acquisition expands Intertek's renewable energy assurance services in India, a key market for solar energy growth. The new facility will provide ISO 17025 accredited testing services for solar PV installations, materials, and components, along with BIS and IECEE CB Scheme certifications. This move supports both domestic and international companies in accessing global markets more efficiently. André Lacroix, CEO of Intertek, highlighted India's importance in the global energy transition and the acquisition's role in capitalizing on growth opportunities and contributing to India's clean energy goals. Ajay Kapoor and Sunny Rai of Intertek also emphasized the commitment to India's electrification journey and supporting market access for manufacturers.

Entities Involved
stock
Intertek
Intertek acquired the solar PV laboratory assets from Sekisui Chemical India Pvt. Ltd., expanding its renewable energy assurance services in India and strengthening its position in the global solar market.
Importance 100.0 Sentiment 70.0
stock
Sekisui Chemical
Sekisui Chemical India Pvt. Ltd. sold its solar PV laboratory assets to Intertek, indicating a divestment in this specific area.
Importance 80.0 Sentiment 10.0
per
André Lacroix
André Lacroix, CEO of Intertek, highlighted the strategic importance of the Indian market and the acquisition's role in capitalizing on growth opportunities.
Importance 60.0 Sentiment 0.0
per
Ajay Kapoor
Ajay Kapoor, Regional Managing Director South Asia at Intertek, emphasized the acquisition's reflection of Intertek's commitment to India's electrification journey.
Importance 40.0 Sentiment 0.0
per
Sunny Rai
Sunny Rai, President Electrical, Connected World, Transportation Technologies and CEA at Intertek, noted the acquisition's role in supporting both Indian manufacturers and global players in accessing the Indian market.
Importance 40.0 Sentiment 0.0
govactor
India — India
Importance 0.0 Sentiment 0.0
cnt
India
Importance 0.0 Sentiment 0.0
Relationships
India — India related ↔ India
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