Global safety and certification company UL has acquired multinational retail testing company Consumer Testing Laboratories (CTL) in a move designed to expand its global footprint and services.

UL says the deal will enable it to extend its reach to CTL's customer base in five countries and offer a larger portfolio of services to these customers. CTL's employees will join UL's consumer and retail services division under SVP and president Sajeev Jesudas. 

"CTL is a strategic acquisition for us as we grow our global footprint to meet the increased demand in global consumer testing services," says Jesudas. "In addition, CTL has an experienced leadership team with a long history of successfully managing relationships with customers, which makes it a great fit with UL."

CTL is a privately-held company based in Bentonville, Arkansas, that provides quality assurance services for the retail industry. The two companies say their combined portfolio will help strengthen global relationships with key customers.

"Our clients will benefit from UL's global operational footprint," says Stewart Satter, CTL's CEO. "We look forward to continuing to work with our existing customers and are very excited by the acquisition."