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| Global Alliance - Growing in Quality | | DQS and Underwriters Laboratories join forces to create a leading global certification body for management systems
| | | DQS announced that Management Systems Solutions (MSS), the management systems registration division of Underwriters Laboratories (UL), Northbrook, IL, USA is merging into DQS. The combined business will constitute one of the world’s five leading companies for the certification of management systems with a strong presence in the important core markets of Europe, North and South America and Asia. |
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| The MSS division of UL, which enjoys an especially strong market position in the USA and Asia is merging into DQS. In return, UL will receive a 27.8 percent stake in DQS GmbH. Ganesh Rao, previously General Manager at UL MSS, will head the operation of the combined business in the USA. Rao, Stefan Heinloth and Michael Drechsel will jointly manage DQS GmbH.
UL and the DQS founding members DIN and DGQ will each hold equal stakes of 27.8% in DQS GmbH. The remaining shares will continue to be held by the industry associations VDMA, ZVEI, VCI, HDB and Spectaris.
“DQS is committed to generating sustainable success for its customers worldwide through value-added certification of their management systems and business processes,” says DQS General Manager, Stefan Heinloth, in explaining the significance of the merger. “Today, companies of all sizes in all sectors operate in dynamic and increasingly international markets. They are constantly confronted with new entrepreneurial challenges. Both customers and shareholders are becoming increasingly more demanding. Well-developed and certified management systems provide a foundation for reliable quality and lean production processes. |
The new management: from left: Stefan Heinloth, Ganesh Rao, Michael Drechsel
They build and strengthen trust and contribute significantly to a company’s success.” Ganesh Rao points to the geographic strengths that will ensue from the global alliance. “Our products and services in Europe, North and South America, Africa, the Middle East and Asia complement one another. Our
customers will be the primary beneficiaries. We will be in a better position to satisfy the growing demand for management assessments globally.”
Who is UL? Learn more about Underwriters Laboratories, the leading American product safety certification organization here. |
| April 2008
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