Moody International
From The Right Wiki
| File:MoodyIntLogo.png | |
| Industry | Technical services |
|---|---|
| Founded | 1911 |
| Defunct | April 28, 2011 |
| Fate | Acquired by Intertek in 2011 |
| Headquarters | , |
Moody International Ltd. provided technical services to reduce risk in the petroleum industry, amongst others. On April 28, 2011, the company was acquired by Intertek for £450 million. At that time, the company had over 2,500 employees[1] and 80 offices in 60 countries.[2]
History
The company was founded in the United States in 1911.[2] In 1948, the company opened an office in Japan, its first international office.[2] The company opened an office in United Arab Emirates, its first office in the Middle East, in 1986. It opened offices in China in 1993 and Baku in 1996.[2] In 2007, the company was acquired by Investcorp of Bahrain for £192 million.[1][3] On April 28, 2011, the company was acquired by Intertek for £450 million.[4][1][5]
References
- ↑ 1.0 1.1 1.2 Ruddick, Graham (8 March 2011). "Intertek buys Moody International for £450m". The Daily Telegraph.
- ↑ 2.0 2.1 2.2 2.3 "Moody International: 100 Years of Global Expertise and Local Presence". SlideShare. 6 April 2011.
- ↑ "Investcorp to Acquire Moody International". RigZone.
- ↑ "Intertek completes Moody acquisition" (Press release). Intertek. April 28, 2011.
- ↑ Turner, Lorraine (March 7, 2011). "Intertek makes $730 million strategic buy in energy". Reuters.