Eurofins Scientific announces the acquisition of NUA-Umweltanalytik GmbH ("NUA") and Water & Waste Gesellschaft für Umweltschutz und chemische Laboratorien GmbH ("Water & Waste"), two of the market leaders in environmental testing in Austria, and of Radonlab in Norway. NUA is one of the lea ... more
Eurofins signs agreement to acquire Lancaster Laboratories, Inc.
Eurofins Scientific SE has signed a definitive agreement to acquire Lancaster Laboratories, Inc. from Thermo Fisher Scientific, Inc. for approximately US$200m, subject to post-closing adjustments.
With approximately 1,100 employees in the USA and Ireland, Lancaster is a leading provider of pharmaceutical product testing services and cGMP Quality Control (QC) in North America. In addition, it operates one of the leading environmental testing laboratories in the USA.
With this bolt on acquisition, the Eurofins Group becomes the global leader in this very stable and recurring business and significantly enlarges its North American footprint. It is a further expression of Eurofins’ commitment to serve the pharmaceutical and biotechnology industries with laboratory services of the highest quality and reliability.
Completion of the transaction is expected in the next 2-3 months and is subject to applicable regulatory approvals and customary closing conditions. Implied EV/EBITDA multiple is in-line with levels previously communicated for transactions of this size and Eurofins’ value-creation objectives. Given that Lancaster is already a single-site laboratory in the USA, no site consolidations or restructuring costs are foreseen as a result of this acquisition. Based on Lancaster’s historic profitability and budget for 2011, the transaction should be immediately margin and EPS accretive for Eurofins.
- Thermo Fisher Scientific
- laboratory services
Eurofins Scientific announced that it has signed an exclusive agreement with Financière Bio Alfras SAS to acquire the Biomnis Group for approximately EUR 220m. The contemplated transaction is expected to be completed over the summer, subject to customary closing conditions including regulat ... more
Eurofins Scientific announces that it has signed an agreement to acquire Diatherix Laboratories, Inc. for approximately US$ 50m, plus an earn-out upon achievement of pre-defined revenue and profitability targets. Completion of the transaction is expected in the next 30 days and is subject ... more
Eurofins Scientific SE announced the successful closing of the transaction to acquire 100% of Lancaster Laboratories, Inc. (Lancaster, PA, USA), following thorough review and consequent approval from all relevant regulatory bodies. Eurofins signed an agreement to acquire Lancaster from Ther ... more
Eurofins Scientific SE has signed a definitive agreement to acquire Lancaster Laboratories, Inc. from Thermo Fisher Scientific, Inc. for approximately US$200m, subject to post-closing adjustments. With approximately 1,100 employees in the USA and Ireland, Lancaster is a leading provider ... more
To answer the healthcare industry’s demand for better point-of-care (POC) diagnostics, Thermo Fisher Scientific Inc. and Samsung Electronics Co., Ltd. have formed a strategic collaboration. The companies will jointly design, develop and market new POC solutions in key applications, such as ... more
Thermo Fisher Scientific has developed a fast and robust ion chromatography (IC)-based method for the determination of chloride and sulfate in adenosine. Application Note 1075: Ion Chromatography Assay for Chloride and Sulfate in Adenosine demonstrates that this method supports high sample ... more
Thermo Fisher Scientific Inc. announced it has completed the acquisition of Prionics AG, a privately held animal health diagnostics company. “Combining Prionics under the Life Technologies’ brand is certainly a win-win, since the products and capabilities are highly complementary,” said Dr. ... more
This new system offers more MS/MS simplicity and unstoppable productivity for ultimate performance SRM in the high-throughput analytical laboratory more
Separating complex samples just got a lot easier with the integrated, biocompatible Vanquish UHPLC for better separations, more results and easier interaction more
Maximize results and reduce errors in food analysis with proven ASE methods for more extractions in less time using less solvent more
The new Chromeleon 7.2 CDS release is the first CDS that combines separation (GC/IC/LC) and Mass Spectrometry (MS) in an enterprise environment more
The Vanquish UHPLC System… Designed with innovative technology and fine detail, the Thermo Scientific™ Vanquish™ UHPLC System delivers a new standard in high-end UHPLC—more results with better separations and easier interaction simultaneously, without compromise. Conceived for the uniquely ... more
Food safety is defined as “the absence of adverse health effects due to food contamination”. Contaminants are substances that have not been intentionally added to food. These substances may be present in food as a result of the various stages of its production, packaging, transport or holdi ... more
Have you ever wondered why you need to use two different software packages for instruments that sit on the same bench in the same lab and the only difference is that one has a mass spectrometer (MS) for detection? Our customers told us that there is a big need to unify chromatography and MS ... more
Organizations have made significant investments in enterprise and laboratory tools, technologies and solutions to help improve productivity, better manage data/information and optimize their business processes. However, the reality is that most comp more
Traditionally, RNA sequencing experiments have started with whole transcriptome library preparation. However, targeting a subset of genes can often provide sufficient information to reach a conclusion. In this on-demand webinar, Life Technologies Staff Scientist Angie Cheng will provide in ... more
Human embryonic stem cells (hESC) can be differentiated into a variety of functionally specialized cell types, one example being neural stem cells (NSC). Transplantation of stem cells followed by directed differentiation has the potential to enable treatment for nervous system pathologies s ... more
Performing mitochondrial DNA (mtDNA) sequencing today can be challenging and laborious. With next-generation sequencing (NGS) technology, mtDNA sequencing will be easier, faster, and more informative. As the previous webinar "Introducing NGS for forensics is not a paradigm shift" has provid ... more
- 1analytica 2016: Record number of exhibitors thanks to 6.5 percent increase
- 2Schleicher & Schuell has been purchased by Whatman plc
- 3analytica 2016: Key platform for upcoming scientists
- 4SCHOTT Is Now a Stock Corporation
- 5Eurofins reinforces its environment testing footprint with the acquisition of EAC Corp. in Japan
- 6Electronic device detects molecules linked to cancer, Alzheimer's and Parkinson's
- 7Laboratory of the future at analytica in Munich in the present
- 8Beijing Higher Court rules in favor of Merck Millipore in patent infringement case
- 9Device may provide rapid diagnosis of bacterial infections
- 10Mercury in fish affected by both prey type and quality
- Genes linked to the effects of mood and stress on longevity identified
- PET imaging with special tracer can detect and diagnose early Alzheimer's disease
- Engineers take first step toward flexible, wearable, tricoder-like device
- Nanotubes are beacons in cancer-imaging technique
- Chemists add color to chemical reactions