Cotecna announced that it acquired Extensive Standard Technical Services Co., Ltd.
Cotecna, provider of testing, inspection and certification services, announced that it has acquired Extensive Standard Technical Services Co., Ltd. ESTS, a third-party certification body and second-party audit firm, specializing in social compliance, sustainability, green and low carbon initiatives, food safety, and quality systems. The acquisition of ESTS allows Cotecna to reinforce its presence in the field of ESG (Environmental, Social, Governance) assurance and training services. "This acquisition will accelerate our capability building in ESG assurance services in China and in Asia," Sébastien Dannaud, CEO of Cotecna said. Mr. Rainfall Wu, Founder and Managing Director of ESTS, stated, “This move allows ESTS to fully leverage Cotecna’s brand and global capabilities, serving a wider and more diversified customer base with a greater range of services in China, Asia and around the globe.”