Intertek buys GXT in £45m deal

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ref="http://www.cityam.com/company/intertek-group">Intertek Group, a product testing firm, yesterday bought Global X-Ray & Testing Corporation, a US-based provider of non-destructive testing and mechanical integrity services to the oil and gas industry. Intertek bought the company from private equity firm Platte River Equity and the management shareholders for $72m (£45m).