Eurofins announces successful closing of the transaction for a majority stake in IPL SED Nord and IPL Invest

04-Nov-2011

Eurofins Scientific announces the successful closing of the transaction for a 67% majority stake in each of the two subsidiaries of the Fondation Institut Pasteur de Lille (IPL), namely IPL Invest and IPL Santé Environnement Durable Nord (IPL SED Nord), on the 31st of October, 2011.

As previously communicated, the IPL SED Group is the leader in the French water testing market, and generates combined annual revenues of approximately EUR 45m. The transaction therefore reinforces Eurofins’ position as the leading service provider in the French environmental testing market. Both groups have already commenced planning a commercial and technical cooperation to combine their expertise in environmental analysis in anticipation of the integration.

As part of the agreement, no further details of the transaction will be disclosed.

Facts, background information, dossiers
  • Eurofins
  • Institut Pasteur
  • environmental testing
More about Eurofins
  • News

    Eurofins acquires clinical diagnostics company in Italy

    Eurofins Scientific announces that it has signed an agreement to acquire Genoma Group Srl in Italy. The transaction is expected to close in the next few weeks, subject to customary closing conditions. With 20 years of clinical testing innovation, Genoma offers a wide range of specialty diag ... more

    Eurofins expands its footprint in the Balkan region

    Eurofins Scientific announces that it has signed an agreement to acquire Environmental Research & Industrial Co-operation (“ERICo”), the leading independent laboratory for environment testing services in Slovenia. As the largest private environment testing laboratory in the country, ERICo p ... more

    Eurofins acquires Nab Labs an environmental testing company in Finland

    Eurofins Scientific, the global leader in food and environment testing, announces that it has acquired Nab Labs Group Oy, an independent environment testing laboratories in Finland. Nab Labs provides a comprehensive range of environmental research and testing services nationwide, with a str ... more

Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE