Eurofins signs an exclusive agreement with the Fondation Institut Pasteur de Lille towards a partnership in the environmental testing field

21-Jul-2011 - France

Eurofins Scientific announces that it has signed an agreement on the 19th of July, 2011 to enter into exclusive discussions with the Fondation Institut Pasteur de Lille towards a partnership including the acquisition of its subsidiaries, IPL Invest and IPL Santé Environnement Durable Nord (IPL SED Nord). These entities are active in the environmental testing market in France, and together generated in excess of EUR 40m in revenues in 2010.

With more than 10 laboratories across France, IPL Invest and IPL SED Nord boast a large portfolio of accreditations and solid reputation in the French environmental testing market, and in particular, in water testing. Therefore, the acquisition would reinforce Eurofins’ position as a leading service provider in the French environmental testing market

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