Eurofins Scientific announces that it has signed an exclusive agreement to acquire PHAST Gesellschaft für Pharmazeutische Qualitätsstandards mbH (“PHAST”), one of Europe’s leading service providers in the field of pharmaceutical products quality. The transaction is expected to close in the ... 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.
- laboratory services
Eurofins Scientific announces that it has successfully closed the transaction to acquire Protec Group’s water and food testing businesses in France (“Protec Bio-testing”). This acquisition comprises two laboratories with a total surface area over 1,500 m2. One laboratory is mainly focused o ... more
Eurofins Scientific (EUFI.PA) announces that it has successfully closed the transaction to acquire Lab Frontier Co., Ltd., which provides a broad suite of food, environment and cosmetics testing services in South Korea. Lab Frontier, an affiliate company of Young In Group (YIG), will furthe ... more
- Lipids and proteins: Further evidence for functional crosstalk in cells
- Elucidation of vibration energy of a single molecule in an external force field
- Enduring cold temperatures alters fat cell epigenetics
- Unique binding mechanism of antifreeze molecule identified
- Specific gene region in hypertension revealed