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Financing › Details

Biopremier (PT)–SGS: investment, 201612 acquisition of 70% stake by SGS

 

Period Period 2016-12-09
Organisations Money taker Biopremier – Inovação e Serviços em Biotecnologia S.A.
  Group SGS (Group)
  Money source SGS S.A.
  Group SGS (Group)
Products Product food analysis (food testing)
  Product 2 DNA testing services
     

SGS S.A.. (12/9/16). "Press Release: SGS Acquires 70 Percent Stake in Biopremier, Portugal".

SGS is pleased to announce the acquisition of a 70% stake in Biopremier, headquartered in Lisbon, Portugal.

Biopremier specializes in molecular biology and DNA sequencing services in the food sector. The company has developed innovative solutions based on Next Generation Sequencing (NGS). This enables species identification of meat, seafood, plants, allergens and other microorganisms present in food products.

Founded in 2003 and privately owned, Biopremier employs 30 highly skilled people. It has an ISO 17025 accredited laboratory and enjoys a strong reputation in the market with a wide range of customers.

“This acquisition presents a unique opportunity to expand our food testing capabilities with innovative and proprietary technologies,” said Frankie Ng, CEO of SGS. “It will further support our customers in fighting food fraud and verifying authenticity across the value chain.”


For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00
www.sgs.com


About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 85,000 employees, SGS operates a network of over 1,800 offices and laboratories around the world.

   
Record changed: 2017-01-06

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