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 strengthens Asia Pacific footprint with the acquisition of New Zealand Laboratory Services
Eurofins Scientific announced that it has acquired New Zealand Laboratory Services (NZ Labs). NZ Labs generated revenues of over EUR 5m in 2011 and employs around 100 staff across 3 strategically-located laboratories spanning the whole of New Zealand. The domestic food testing market serves primarily the dairy and meat sectors of the food industry, with the majority of produce from these sectors bound for export.
The entry into New Zealand is consistent with the Group’s commitment in the rapidly-growing Asia Pacific region. Given NZ Labs’ existing nationwide coverage, the roll-out of Eurofins’ technology and capabilities, and the transfer of know-how should be reasonably quick, allowing the Group to participate actively in this growing food market.
Gilles Martin, Eurofins CEO, commented: “NZ Labs is an excellent strategic fit with Eurofins’ growing Asia Pacific presence and provides a solid entry into the thriving food industry in that region. Specifically, it provides a strong regional platform for the Group’s capabilities in dairy and pesticides testing. We are looking forward to strengthening NZ Labs’ position in the market by offering the full range of services and capabilities of the Eurofins Group.”
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
Eurofins Scientific announces the acquisition of NMDL-LCPL, a specialized medical testing business providing molecular diagnostics and pathology laboratory services. NMDL-LCPL is comprised of the Nederlands Moleculair Diagnostisch Laboratorium (“NMDL”) and the Leids Cytologisch Pathologisch ... more
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