Underwriters Laboratories acquires Wakefield Laboratories

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A company which specialises in product safety testing and certification has announced plans to acquire the assets of Wakefield Laboratories, an electric testing laboratory in Auckland.

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The acquisition by Underwriters Laboratories (UL) is part of the company’s strategy to expand into Australasia.

Keith Williams, chief executive of UL, said that he was looking forward to welcoming Wakefield’s staff who share the company’s commitment to public safety.

Commenting on the takeover, Mr Williams said: "The Wakefield acquisition will help strengthen our presence in the Australasia region and support our customers in gaining global market access."

Ken Wilson, managing director of Wakefiled said the company was excited that it was becoming part of a large global organisation and that the strength of Wakefield Laboratories brand would create more opportunities for growth for them.

Wakefield is established in the Australasian marketplace and holds accreditation from International Accreditation New Zealand (IANZ), Joint Accreditation System of Australia and New Zealand (JAS-ANZ) as well as being a recognized CB Testing Laboratory within the IECEE CB Scheme.

Although located in New Zealand, 65 per cent of Wakefield Laboratories client base is located in Australia.