M&A Deal Summary

Eurofins Scientific Acquires WESSLING

On July 29, 2022, Eurofins Scientific acquired life science company WESSLING

Acquisition Highlights
  • This is Eurofins Scientific’s 68th transaction in the Life Science sector.
  • This is Eurofins Scientific’s 2nd transaction in Hungary.

M&A Deal Summary

Date 2022-07-29
Target WESSLING
Sector Life Science
Buyer(s) Eurofins Scientific
Deal Type Add-on Acquisition

Target

WESSLING

Budapest, Hungary
website
WESSLING is an operator of environmental, food, and BioPharma product testing laboratories. WESSLING was founded in 1992 and is based in Budapest, Hungary.

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Buyer(S) 1

Buyer

Eurofins Scientific

Luxembourg, Luxembourg

website


Category Company
Founded 1987
Sector Life Science
Employees51,516
Revenue 5.4B EUR (2020)
DESCRIPTION

Eurofins Scientific is an international group of laboratories providing a unique range of analytical testing services to the pharmaceutical, food, environmental and consumer products industries and to governments. Eurofins Scientific was incorporated in 1987 and is based in Luxembourg City, Luxembourg.


DEAL STATS #
Overall 91 of 95
Sector (Life Science) 68 of 72
Type (Add-on Acquisition) 67 of 71
Country (Hungary) 2 of 2
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-16 Barrow-Agee

Memphis, Tennessee, United States

Barrow-Agee is an FDA-registered and ISO-certified provider of testing solutions to North American food manufacturers, suppliers, and distributors. Barrow-Agee’s highly-trained scientists utilize current technology to conduct a variety of client tests with core expertise in food safety, microbiology, nutrients, ingredients, fats and oils, pesticide residue analysis, heavy metals, inorganic analysis, and animal feed tests. Barrow-Agee was founded in 1917 and is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-12 QARC

Japan

QARC is a private pesticide testing laboratory, offering the largest portfolio of over 800 pesticide screening tests covering a variety of complex food matrices. QARC was founded in 2013 and is based in Japan.

Buy -