Eurofins Expands Its Environment Testing Footprint in the US with the Acquisition of Calscience Environmental Laboratories
May 06 2014 - 1:00AM
Business Wire
Regulatory News:
Eurofins (Paris:ERF):
Eurofins Scientific (EUFI.PA), the world leader in environmental
laboratory services, announces that it has signed an agreement to
acquire Calscience Environmental Laboratories, Inc. (Calscience) in
the US. The transaction is expected to close no later than the 31st
of May.
Founded in 1986, Calscience is an industry leader in the
environmental and marine chemistry testing field and has grown to
become the largest independent full-service environmental testing
laboratory on the West Coast. Generating revenues of over US $20m
and employing 180 staff, Calscience operates a 60,000-square foot
state-of-the-art laboratory in Garden Grove, California, and
service centers throughout California and Texas.
With a strong industry reputation for quality and customer
focus, Calscience offers a comprehensive range of analytical
methods with expertise encompassing all environmental matrices,
including, air, groundwater, marine, sediment, soil, solid waste,
and wastewater. Calscience serves a diverse range of clients,
including Fortune 100 Companies, the environmental engineering
community, consultants, private industry and federal, state, and
local governments. Calscience holds accreditations, including
National Environmental Laboratory Accreditation Program (NELAP) and
Environmental Laboratory Accreditation Program (ELAP), the US
Department of Defense Environmental Laboratory Accreditation
Program (DoD-ELAP), as well as state agencies throughout the United
States.
Comment from Dr. Gilles Martin, Eurofins CEO: “The addition of
Calscience into Eurofins’ growing portfolio of Centers for
Excellence in environmental testing in the US strengthens the
Group’s position as the industry’s premier provider of analytical
testing services. By sharing best practices, clients will benefit
from an unparalleled spectrum of quality testing services, data
access and capacity from coast to coast, which in turn should fuel
further market share growth for the Group.”
For more information, please visit
www.eurofins.com
Notes for the editor:
About Eurofins ScientificEurofins - a global leader in
bio-analysisEurofins 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 about 15,000 staff in more than 190 laboratories across 36
countries, Eurofins offers a portfolio of over 100,000 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 NYSE
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.
Keath C. Wheatstone, PhDPresident, Eurofins Environment Testing
USPhone: +1 973 454 1927E-mail:
keithwheatstone@eurofinsus.comorInvestor RelationsEurofins
Scientific GroupPhone: +32 2 766 1620E-mail: ir@eurofins.com
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