M&A Deal Summary

Eurofins Scientific Acquires VTT Expert Services

On January 2, 2018, Eurofins Scientific acquired test/measurement equipment company VTT Expert Services from VTT Technical Research Centre of Finland

Acquisition Highlights
  • This is Eurofins Scientific’s 8th transaction in the Test/Measurement Equipment sector.
  • This is Eurofins Scientific’s 6th transaction in Finland.

M&A Deal Summary

Date 2018-01-02
Target VTT Expert Services
Sector Test/Measurement Equipment
Buyer(s) Eurofins Scientific
Sellers(s) VTT Technical Research Centre of Finland
Deal Type Divestiture

Target

VTT Expert Services

Espoo, Finland
VTT Expert Services Ltd. is a provider of commercial testing, inspection and certification services. VTT Expert Services Ltd. is based in Espoo, Finland.

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Buyer(S) 1

Buyer

Eurofins Scientific

Luxembourg, Luxembourg

Category Company
Founded 1987
Sector Life Science
Employees65,000
Revenue 7.0B EUR (2024)
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 67 of 98
Sector: Test/Measurement Equipment M&A 8 of 11
Type: Divestiture M&A Deals 16 of 20
Country: Finland M&A 6 of 6
Year: 2018 M&A 2 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Labtium Oy

Espoo, Finland

Labtium Oy is a provider of commercial testing, inspection and certification services for the mining and mineral exploration companies. Labtium Oy was founded in 2007 and is based in Espoo, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-15 Tsing Hua Testing & Analysis Co.

Hsinchu, Taiwan

Tsing Hua Testing & Analysis Co., Ltd. is a provider of a comprehensive suite of testing services for wastewater, drinking water, ground water, fuel gas, ambient air, noise, soil and waste to a broad range of customers in Taiwan.

Buy -

Seller(S) 1

SELLER

VTT Technical Research Centre of Finland

Espoo, Finland

Category Company
Founded 1942
Sector Business Services
DESCRIPTION

VTT Technical Research Centre of Finland Ltd. is a research and technology company. VTT Technical Research develops new smart technologies, profitable solutions and innovation services. VTT Technical Research Centre of Finland Ltd. was founded in 1942 and is based in Espoo, Finland.


DEAL STATS #
Overall 2 of 2
Sector: Test/Measurement Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Finland M&A 2 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Labtium Oy

Espoo, Finland

Labtium Oy is a provider of commercial testing, inspection and certification services for the mining and mineral exploration companies. Labtium Oy was founded in 2007 and is based in Espoo, Finland.

Sell -