NEW ZEALAND: NZWTA acquires textile testing laboratory
The New Zealand Wool Testing Authority Ltd (NZWTA) has bought the textile testing division of science company AgResearch, in a deal due to complete next week.
The move comes after AgResearch in April said it would stop carrying out wool research due to a lack of funding in this area.
“NZWTA Ltd has built a strong business as the leading testing and certification body in the New Zealand wool industry, providing independent testing information to our wide customer base,” said Duane Knowles, NZWTA’s chief executive.
“The purchase of the specialised AgResearch business continues NZWTA Ltd’s focus on operations where independent testing is a critical part of the value chain.”
NZWTA intends to integrate the textile testing operation with its wool testing business to provide a full range of textile services from the raw material through to the finished product.
The business will be relocated to its Napier facility where a new purpose-built laboratory is being prepared.
Sectors: Fibres & fabrics
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