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 signs an agreement to acquire a majority stake in Nihon Kankyo
Eurofins Scientific has signed an agreement to acquire a 52.6% majority stake in Nihon Kankyo K.K. (Nihon Environmental Services, on 31 March 2012. The transaction is expected to be completed this week.
Nihon Kankyo K.K. was founded almost 40 years ago and is based in the greater Tokyo area. It generated revenues of over EUR 20m in 2011 and employs around 250 employees across 2 large laboratories and in several satellite offices serving the entire domestic Japanese market.
The acquisition allows Eurofins to complete its service offering in Japan and complements its existing activities in food and pharmaceutical testing, as Nihon has started developing testing offering for food and other products. Furthermore Nihon is one of the few environmental testing service providers with Radio Active Material Analysis (RMA) capabilities in Japan, complementing Eurofins' state-of-the-art high throughput laboratory for RMA for food and water in Tokyo and its global network of RMA laboratories in China, France and Germany.
“Nihon Kankyo K.K. is an excellent strategic fit to Eurofins’ existing activities in Japan, and provides a solid entry into the established domestic environmental testing market. Furthermore, it significantly reinforces the Group’s growing presence in the Asia Pacific region”, says Dr. Gilles Martin, CEO of Eurofins Scientific.
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 announced that it has signed an agreement to acquire a 65% majority stake in Sắc Ký Hải Đăng (EDC-HD), a private laboratory in Vietnam for the analyses of food and agricultural products, as well as for environmental testing. EDC-HD employs over 100 staff at its main faci ... more
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