SGS Acquires Majority Stake in Maine Pointe

Maine Point announced that SGS, the world's leading inspection, verification, testing and certification company, has acquired a majority stake in Maine…

| July 03, 2019

Maine Point announced that SGS, the world's leading inspection, verification, testing and certification company, has acquired a majority stake in Maine Pointe, a  Boston-based Supply Chain and Operations firm focused on the Manufacturing, Packaged Goods, Retail, Transportation and Energy industry.

The acquisition will allow Maine Pointe to accelerate its goal of making Total Value Optimization a global standard for supply chain optimization, says Steven Bowen, Chairman and CEO of Maine Pointe.

"We were attracted to SGS by its platform and expertise. We are excited about the opportunity to expand our complementary businesses by leveraging our expertise across SGS's global network," Bowen says. "This combination will accelerate our vision of transforming our customers' supply chains into a competitive advantage on a global scale."

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