M&A Deal Summary

Eurofins Scientific Acquires G Lab

On December 10, 2021, Eurofins Scientific acquired life science company G Lab from Trans Genic

Acquisition Highlights
  • This is Eurofins Scientific’s 66th transaction in the Life Science sector.
  • This is Eurofins Scientific’s 3rd transaction in Japan.

M&A Deal Summary
Date 2021-12-10
Target G Lab
Sector Life Science
Buyer(s) Eurofins Scientific
Sellers(s) Trans Genic
Deal Type Divestiture

Target

G Lab

Hokkaido , Japan
website
G Lab is a molecular biology-based testing provider for diagnostics, biomarker development, and drug discovery. G Lab has developed a reputation among clinical communities in Japan for the CAP-accredited quality services provided by its technical experts, in-house medical pathologists, and cytotechnologists. G Lab was established in 2000 and is based in Hokkaido, Japan.

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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 88 of 95
Sector (Life Science) 66 of 72
Type (Divestiture) 19 of 19
Country (Japan) 3 of 4
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 DNA Diagnostics Center

Fairfield, Ohio, United States

DNA Diagnostics Center is a provider of private DNA testing services for paternity and other family relationships, forensics, cell line authentication, and ancestry. DDC provides products approved by the FDA and EMA, and is accredited by the American Association of Blood Banks (AABB), The Ministry of Justice, The College of American Pathologists (CAP), and The Clinical Laboratory Improvement Amendment (CLIA). DNA Diagnostics Center was founded in 1995 and is based in Fairfield, Ohio.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Genetic

Hanoi, Vietnam

Gentis is a specialized genetic testing service provider founded on the principle that technological advancements in DNA testing should be accessible and affordable to everyone. The company provides comprehensive specialized DNA testing services including obstetrical genetics; genealogical DNA tests; oncology; and COVID-19 testing services. It has grown strongly with a reputation for outstanding quality and has become the trusted service provider for more than 100 major hospitals in Vietnam, as well as consumers. Gentis is based in Hanoi, Vietnam.

Buy -

Seller(S) 1

SELLER

Trans Genic

Fukuoka , Japan

website

Category Company
Founded 1998
Sector Life Science
Employees213
Revenue 12.6B JPY (2022)
DESCRIPTION

Trans Genic develops, distributes, and licenses genetically engineered animals and antibodies in Japan. The company provides total support for non-clinical and clinical trials, as well as exploratory research, pharmaceuticals, antibody drugs, research and development, and histopathological diagnosis directly linked to clinical practice. Trans Genic was founded in 1998 and is based in Fukuoka, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
Country (Japan) 1 of 1
Year (2021) 1 of 1
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