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Eurofins Scientific. (7/5/17). "Press Release: Eurofins Expands Its Footprint in Environment Testing with the Acquisition of Ana Laboratories, Inc. in the USA".

Organisations Organisation Eurofins Scientific SE (EUFI.PA)
  Group Eurofins (Group)
  Organisation 2 Ana Laboratories Inc. (Ana Labs)
  Group Eurofins (Group)
Products Product analytical services
  Product 2 environmental analysis
Index term Index term Ana Laboratories–Eurofins: investment, 201707 acquisition by Eurofins
     


Eurofins Scientific (EUFI.PA), a global leader in environment testing, announces that it has acquired Ana Laboratories, Inc. (“ANA”), one of the largest laboratory networks specialized in fluid and tribology analyses serving the public mass transit sector in the USA.

Over the last 40 years, ANA has become one of the most trusted laboratory partners for fluid analysis for the transport sector in the country. The company employs 48 staff in 7 laboratories serving 75 of the largest city transit agencies (such as the New York City Transit), several statewide Departments of Transportation including Texas and Connecticut, as well as the largest railway companies nationwide. This acquisition therefore expands Eurofins’ environment testing footprint into industrial fluid analysis in the US. Given ANA’s penetration of the public mass transit sector, Eurofins believes it represents a solid entry platform into industrial oil testing, as well as the wider market for tribology analysis.


For more information, please visit www.eurofins.com or contact:

Investor Relations
Eurofins Scientific
Phone: +32 2 766 1620
E-mail: ir@eurofins.com


Notes for the editor:

Eurofins – a global leader in bio-analysis

Eurofins Scientific through its subsidiaries (hereinafter sometimes “Eurofins” or “the Group”) believes it is the world leader in food, environment and pharmaceutical products testing and that it is also one of the global independent market leaders in certain testing and laboratory services for agroscience, genomics, discovery pharmacology and for supporting clinical studies. In addition, Eurofins is one of the key emerging players in specialty clinical diagnostic testing in Europe and the USA. With over 28,000 staff in 310 laboratories across 39 countries, Eurofins offers a portfolio of over 130,000 analytical methods for evaluating the safety, identity, composition, authenticity, origin and purity of biological substances and products, as well as for innovative clinical diagnostic. The Group objective is to provide 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.

   
Record changed: 2017-08-24

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