M&A Deal Summary

Eurofins Scientific Acquires Genetic

On February 9, 2022, Eurofins Scientific acquired life science company Genetic

Acquisition Highlights
  • This is Eurofins Scientific’s 67th transaction in the Life Science sector.
  • This is Eurofins Scientific’s 2nd transaction in Vietnam.

M&A Deal Summary
Date 2022-02-09
Target Genetic
Sector Life Science
Buyer(s) Eurofins Scientific
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Eurofins Scientific

Luxembourg, Luxembourg
Category Company
Founded 1987
Sector Life Science
Employees62,000
Revenue 6.5B EUR (2023)
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.

DEAL STATS #
Overall 89 of 98
Sector (Life Science) 67 of 74
Type (Add-on Acquisition) 65 of 73
Country (Vietnam) 2 of 2
Year (2022) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-10 G Lab

Hokkaido , Japan

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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FOLLOWING 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.

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Mergr

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