Eurofins reinforces its footprint in the US with the acquisition of QC Laboratories
05 May 2015 - 3:45PM
Business Wire
Regulatory News:
Eurofins (Paris:ERF):
Eurofins Scientific (EUFI.PA), the world leader in food and
environment testing, announces the acquisition of QC Laboratories
(QCL), a leading full-service environment and food analytical
testing provider, as well as a dairy testing reference laboratory,
located 80 miles from Eurofins’ flagship Lancaster campus.
Founded in 1943, QCL employs about 200 staff and generates
annual revenues of about US$ 20m across its 2 laboratories in
Pennsylvania. QCL offers a broad range of analytical services to
support both commercial clients and government agencies to comply
with major federal and state regulatory programs. QCL’s food
testing services include both microbiology and chemistry testing,
with a strong reputation in the local market for dairy testing. In
environmental testing, QCL’s analytical competencies include the
full spectrum of testing services for compliance with the US
Environmental Protection Agency (EPA) programs.
QCL’s competencies complement Eurofins’ recognized capabilities
and reinforce the Group’s growing US footprint, especially on the
East Coast. Its addition into the Eurofins network demonstrates the
Group’s commitment to expanding its presence and service offering
in the US market. In return, QCL gains access to Eurofins’ robust
network capabilities and the latest technologies to further improve
its service offering to its customers, thereby further increasing
market share.
Comment from Dr. Gilles Martin, Eurofins CEO: “We are pleased to
welcome QCL to the Eurofins Group. QCL’s competencies and
geographical focus are a good fit to Eurofins’ food and environment
testing footprint in the US. This acquisition is a further
demonstration of Eurofins’ commitment to build the best and
widest-reaching analytical testing network in the market.”
For more information about Eurofins, please visit
www.eurofins.com
Notes for the editor:
Eurofins – a global leader in bio-analysis
Eurofins Scientific is the world leader in food and
pharmaceutical products testing. It is also number one in the world
in the field of environmental laboratory services and one of the
global market leaders in agroscience, genomics, discovery
pharmacology and central laboratory services.
With over 17,000 staff in more than 200 laboratories across 36
countries, Eurofins offers a portfolio of over 130,000 reliable
analytical methods for evaluating the safety, identity,
composition, authenticity, origin and purity of biological
substances and products. The Group provides its customers with
high-quality services, accurate results on time and expert advice
by its highly qualified staff.
Eurofins is committed to pursuing its dynamic growth strategy by
expanding both its technology portfolio and its geographic reach.
Through R&D and acquisitions, the Group draws on the latest
developments in the field of biotechnology and analytical chemistry
to offer its clients unique analytical solutions and the most
comprehensive range of testing methods.
As one of the most innovative and quality oriented international
players in its industry, Eurofins is ideally positioned to support
its clients’ increasingly stringent quality and safety standards
and the expanding demands of regulatory authorities around the
world.
The shares of Eurofins Scientific are listed on the Euronext
Paris Stock Exchange (ISIN FR0000038259, Reuters EUFI.PA, Bloomberg
ERF FP).
Important disclaimer:
This press release contains forward-looking statements and
estimates that involve risks and uncertainties. The forward-looking
statements and estimates contained herein represent the judgement
of Eurofins Scientific’ management as of the date of this release.
These forward-looking statements are not guarantees for future
performance, and the forward-looking events discussed in this
release may not occur. Eurofins Scientific disclaims any intent or
obligation to update any of these forward-looking statements and
estimates. All statements and estimates are made based on the
information available to the Company’s management as of the date of
publication, but no guarantee can be made as to their validity.
Investor RelationsEurofins Scientific Group+32 2 766
1620ir@eurofins.com
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