Moody International Ltd.
IndustryTechnical services
Founded1911 (1911)
DefunctApril 28, 2011 (2011-04-28)
FateAcquired by Intertek in 2011
Headquarters
Haywards Heath
,
United Kingdom

Moody International Ltd. provided technical services to reduce risk in the petroleum industry, amongst others.

On April 28, 2011, the company was acquired by Intertek for £450 million. At that time, the company had over 2,500 employees[1] and 80 offices in 60 countries.[2]

History

The company was founded in the United States in 1911.[2]

In 1948, the company opened an office in Japan, its first international office.[2]

The company opened an office in United Arab Emirates, its first office in the Middle East, in 1986. It opened offices in China in 1993 and Baku in 1996.[2]

In 2007, the company was acquired by Investcorp of Bahrain for £192 million.[1][3]

On April 28, 2011, the company was acquired by Intertek for £450 million.[4][1][5]

References

  1. 1 2 3 Ruddick, Graham (8 March 2011). "Intertek buys Moody International for £450m". The Daily Telegraph.
  2. 1 2 3 4 "Moody International: 100 Years of Global Expertise and Local Presence". SlideShare. 6 April 2011.
  3. ↑ "Investcorp to Acquire Moody International". RigZone.
  4. ↑ "Intertek completes Moody acquisition" (Press release). Intertek. April 28, 2011.
  5. ↑ Turner, Lorraine (March 7, 2011). "Intertek makes $730 million strategic buy in energy". Reuters.
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