LRQA to acquire Australasian supply chain specialist SAS

LRQA is set to acquire Sustainable Assurance Solutions, a Syndey-based provider of sustainability audit, consulting and training services.

SAS provides services to a number of clients, including audits for SEDEX, the ethical supply chain trade membership organisation, and Fair Farms, an industry-led initiative aimed at fostering fair and responsible employment practices in Australian horticulture.

This is LRQA’s third acquisition as an independent business, following the acquisition of Hong Kong-based ESG assurance specialist, Elevate, in January 2022, and Singapore-based cybersecurity consultancy, Atvangarde, in August 2022.

Paul Butcher, CEO of LRQA, said: “ESG solutions are clearly a critical component of risk management for our clients today, as we continue to see demand rise globally. LRQA’s acquisition of SAS therefore aims to address that need, support growth in the Australasian market, and empower clients to take control and face their futures with confidence. Above all and regardless of industry, sector or country, this acquisition is about transforming the value that assurance can offer clients. 2022 has been a milestone year for LRQA as an independent business, and we continue to actively pursue opportunities to accelerate our growth strategy and evolve our offering for clients through further acquisitions.”

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