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ANSI Acquires Full Ownership of ANAB, Enhancing Accreditation Services Portfolio across Global Market.

M2 EQUITYBITES-December 6, 2018-ANSI Acquires Full Ownership of ANAB, Enhancing Accreditation Services Portfolio across Global Market


6 December 2018 - US-based The American National Standards Institute (ANSI) has signed an agreement to acquire full interests in the ANSI-ASQ National Accreditation Board, LLC, strengthening ANSI's and ANAB's abilities to provide the third-party accreditation services for diverse global markets, the organisation said.

The transaction with the American Society for Quality is scheduled to close on December 28, 2018.

Since 2005 ANAB has been owned equally by ANSI and ASQ; the purchase will result in ANAB becoming a wholly owned subsidiary of ANSI, registered as a separate legal entity and renamed the ANSI National Accreditation Board.

While the two brands will continue business as usual in the near term, ANSI will further bolster independence and impartiality of its accreditation programmes for conformity assessment bodies by integrating them with ANAB's portfolio of services.

ANSI's accreditation of standards developers and US Technical Advisory Groups to international technical committees will remain separately and internally operated by ANSI.

Lane Hallenbeck, ANSI vice president of accreditation services, will continue to lead ANSI's accreditation programs and becomes the executive director of the newly unified ANAB, reporting to ANSI president and CEO Joe Bhatia.

Keith Greenaway will continue as chief operating officer of ANAB, reporting to Hallenbeck and supervising the combined accreditation business unit leaders from ANAB and ANSI.

Accreditation plays a critical role helping to assure the competence of bodies that assess conformity of goods and services with specified standards requirements benefitting public health, safety, environment and welfare.

ANSI is looking to continue the trajectory of its accreditation services offerings while strengthening impartiality by moving all accreditation of conformity assessment bodies into ANAB under the auspices of ANSI ownership, which will optimize and meld services for shared customers and will strengthen brand recognition for entities earning ANAB accreditation.

The American National Standards Institute (ANSI) coordinates the US the voluntary standards and conformity assessment system, serving the diverse interests of more than 270,000 companies and organizations and 30m professionals worldwide.

ANSI is the official US representative to the International Organization for Standardization and, via the US National Committee, the International Electrotechnical Commission.

The ANSI National Accreditation Board (ANAB) becomes the largest multi-disciplinary ISO/IEC 17011 accreditation body in North America, with signatory status across the multilateral recognition arrangements of the International Accreditation Forum and International Laboratory Accreditation Cooperation.

The ANAB accreditation portfolio includes management systems certification bodies, calibration and testing labs, product certification bodies, personnel credentialing organizations, forensic test and calibration service providers, inspection bodies, police crime units, greenhouse gas validation and verification bodies, reference material producers, and proficiency test providers.

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Publication:M2 EquityBites (EQB)
Date:Dec 6, 2018
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