SGS, the certification, verification, and inspection company, has acquired a majority stake in ARGUS International. The acquisition aims to strengthen SGS' aviation auditing and consulting services and increase market penetration through the organizations leveraged synergies.
“ARGUS is a globally recognized brand name in the airline, business aviation, fixed-wing, and rotary engine markets. Its broad client base and international activities will help SGS grow and keep pace with the increasing global demand of air traffic and safety,” said Frankie Ng, CEO of SGS.
ARGUS International, PRISM, and ARGUS PROS will continue to operate as distinctive businesses within SGS' Certification and Business Enhancement (CBE) business unit.