M&A Deal Summary

Eurofins Scientific Acquires Labormar

On July 8, 2024, Eurofins Scientific acquired business services company Labormar

Acquisition Highlights
  • This is Eurofins Scientific’s 7th transaction in the Business Services sector.
  • This is Eurofins Scientific’s 2nd transaction in Colombia.

M&A Deal Summary

Date 2024-07-08
Target Labormar
Sector Business Services
Buyer(s) Eurofins Scientific
Deal Type Add-on Acquisition

Target

Labormar

Barranquilla, Colombia
Labormar comprises a laboratory and 9 logistic and sampling hubs positioned to provide food safety and environmental control solutions. It offers analytical and testing support to clients in a myriad of sectors. Labormar is based in Barranquilla, Colombia.

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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 96 of 98
Sector (Business Services) 7 of 7
Type (Add-on Acquisition) 72 of 73
Country (Colombia) 2 of 2
Year (2024) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Ascend

Sunnyvale, California, United States

Ascend is an independent laboratory for kidney dialysis testing. The company provides highly automated chemistry, hematology, microbiology and virology testing services to dialysis clinics and hospitals across the United States. The company also offers water and dialysate testing, providing greater safety to the dialysis patient community and facilitating successful regulatory audits and surveys. Ascend Clinical was founded in 2000 and is based in Sunnyvale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-16 Infinity Laboratories

Castle Rock, Colorado, United States

Infinity Laboratories is a provider of critical testing services in the areas of chemical and microbiological sciences for FDA regulated manufacturers throughout North America. Infinity Laboratories was founded in 1991 and is based in Castle Rock, Colorado.

Buy -