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 acquires food testing laboratory Institut Nehring
Eurofins Scientific, the world leader in food testing services announces that it has acquired Institut Nehring GmbH, a food testing laboratory in the German market.
Institut Nehring was established in 1905; today the company is well-known in the German market thanks to its long-history and excellent reputation. Institut Nehring performs a wide range of analytical tests for all food products, including: chemical, physical, biochemical, microbiological and sensorial testing. Additionally, these food testing services are accompanied by food consultancy services that cover food law, food technology, food safety and hygiene, food quality control, site inspections and audits, harm reports and expert counselling. To conclude this extensive food testing and services portfolio, Institut Nehring is a specialist in testing food contact materials especially canned food packaging. The company has a long-standing and broad customer base, including retailers, importers, wholesalers and producers of food products, as well as companies and regulatory bodies operating in the food packaging industry. The company is headquartered in Braunschweig, Germany, employs 76 staff and generates annual revenues close to EUR 5m.
The acquisition of Institut Nehring is an opportunity for Eurofins to further expand its market share in the German food testing market. The company’s broad expertise in food packaging testing will contribute to the expansion of Eurofins’ food testing portfolio, the most comprehensive range of state-of-the-art analytical food testing methods in the world.
Comment from Dr. Gilles Martin, Eurofins’ CEO: “We are pleased to welcome Institut Nehring, a highly renowned food testing laboratory with a long history, to Eurofins’ family of businesses. The acquisition of Institut Nehring will expand Eurofins’ food packaging material testing services. In return, Institut Nehring will gain access to the Group’s entire portfolio of competencies, logistics and clients, as well as the Group’s IT systems, which should lead to improved process optimization to the benefit of Institut Nehring’s customers. This transaction is another demonstration of Eurofins’ commitment to acquire advanced technologies to expand its state-of-the-art portfolio of analytical services.”
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