M&A Deal Summary

Eurofins Scientific Acquires Quasfar

On November 16, 2023, Eurofins Scientific acquired life science company Quasfar

Acquisition Highlights
  • This is Eurofins Scientific’s 71st transaction in the Life Science sector.
  • This is Eurofins Scientific’s 1st transaction in Colombia.

M&A Deal Summary
Date 2023-11-16
Target Quasfar
Sector Life Science
Buyer(s) Eurofins Scientific
Deal Type Add-on Acquisition

Target

Quasfar

Bogotá, Colombia
Quasfar is a state-of-the-art laboratory, offering a broad analytical testing portfolio to the pharmaceutical, veterinary and cosmetic segments, and recognised for its expertise in developing complex analytical methodologies with diverse techniques to meet customer and regulatory needs. Quasfar was founded in 1997 and is based in Bogotá, 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 94 of 98
Sector (Life Science) 71 of 74
Type (Add-on Acquisition) 70 of 73
Country (Colombia) 1 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 Labor3

São Paulo, Brazil

Labor3 provides a wide variety of analyzes and technical services, based in São Paulo, Brazil.

Buy -
FOLLOWING 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 -
Mergr

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