Eurofins acquires VBM Laboratories in Denmark

VBM provides environmental and construction materials testing

28-Mar-2017 - Belgium

Eurofins Scientific announces that it has acquired VBM Laboratoriet A/S, a laboratories for testing for the environment and construction materials sectors in Denmark.

Founded in 1985, VBM has developed into one of the top three environment testing laboratories in the country, with a strong reputation for testing of contaminated soil and building materials particularly within the construction sector. The company employs 80 staff across its 3 sites, and generated revenues in excess of DKK 45m in 2016.

VBM’s primary competencies and customer segments in environment testing strongly complement Eurofins’ capabilities in the local market. The acquisition of VBM should therefore further strengthen, as well as expand the Group’s leadership in the Danish environment testing market. As part of the transaction, current VBM leader Jesper Gamst will remain as managing director of VBM Laboratories.

Comment from Klaus Melsing Bjørnholdt and Jesper Gamst, VBM shareholders: “We are proud to have developed VBM Laboratories to be one of the market leaders in Denmark and we are convinced that the agreement with Eurofins will safeguard further positive development for VBM and its team”.

Comment from Dr. Gilles Martin, Eurofins CEO: “The acquisition of VBM demonstrates our commitment to continually reinforce our leadership in markets where we are active. The complementary businesses of VBM and Eurofins also illustrate the Group’s strategy of expanding our leading operational footprint. We look forward to supporting VBM in further developing their market share together with Eurofins, by providing access to the full range of capabilities of the Group.

https://www.analytica-world.com/en/news/162545/eurofins-acquires-vbm-laboratories-in-denmark.html