UL Acquires ICQ Global, Extends Global Reach For Toy, Softlines And Consumer Product Testing

NORTHBROOK, Ill. — August 1, 2012 — UL, a world leader in advancing safety, announced today the
acquisition of ICQ Global, a leading consumer product testing provider based in Italy, with
presence in Africa, Asia and the United States. The addition will bolster UL’s European and Asian
footprints, and global quality and performance assurance services across the consumer product
supply chain.

Relied upon by many of Europe’s top consumer brands and retailers, ICQ Global performs
electrical, chemical, physical, flammability, microbiological, and other performance tests to
assure product conformance to national and international consumer standards.  ICQ Global tests
a wide variety of products, including toys, promotional products, textiles, cosmetics, food contact
material, construction products, furniture, packaging materials, paints and varnishes. 

“By joining UL, our people and customers will benefit from deeper expertise, more services,
and a broader reach across the world and the consumer product value chain,” said Natale Consonni,
president of ICQ Global. “This is an exciting time for our organization, and for our customers
seeking even greater differentiation and market access.” 

“ICQ Global is a highly impressive company that has built strong bonds with its customers
through integrity, technical acumen and excellent customer service,” said Sajeev Jesudas, president
of UL Verification Services. “As we advance our commitment to delivering trust and assurance
throughout the consumer product supply chain, ICQ Global is both a great strategic and cultural
fit.”ICQ Global becomes UL’s fourth quality assurance testing acquisition in the past year. The
Quality Assurance (QA) business of STR Holdings joined UL in August 2011, followed by
Bangladesh-based Magnus Textile Services and Germany-based eco-INSTITUT earlier this year.

ICQ Global is recognized as an approved testing laboratory by numerous national and
international bodies across Europe, the United States (CPSC), Brazil (CGCRE), Hong Kong (HOKLAS)
and others.  ICQ Global will continue to operate from its facilities in Italy and Hong Kong.

Posted on August 7, 2012

Source: UL