M&A Deal Summary

FoodChain ID Acquires Decernis

On June 19, 2019, FoodChain ID acquired information technology company Decernis

Acquisition Highlights
  • This is FoodChain ID’s 1st transaction in the Information Technology sector.
  • This is FoodChain ID’s 1st transaction in the United States.
  • This is FoodChain ID’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2019-06-19
Target Decernis
Sector Information Technology
Buyer(s) FoodChain ID
Deal Type Add-on Acquisition

Target

Decernis

Washington, District of Columbia, United States
Decernis LLC is a provider of technology and content solutions for product compliance, safety, and risk management. Decernis is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

FoodChain ID

Fairfield, Iowa, United States

Category Company
Founded 1996
Sector Test/Measurement Equipment
DESCRIPTION

FoodChain ID is a provider of analytic testing, third-party certification, and consulting services to the agriculture and food industries. The company’s products are used for the testing of food and agricultural products to detect genetically modified organisms (GMOs) and to ensure compliance with national and international government regulations, client and trading partner demands, and consumer information needs. FoodChain ID was founded in 1996 and is based in Fairfield, Iowa.


DEAL STATS #
Overall 3 of 7
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 7
State (District of Columbia) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 Bioagricert Srl

Bologna, Italy

Bioagricert Srl is a provider of an organic certification services according to Italian national and international standards, as well as product quality certification services and other certifications such as Protected Designation of Origin (PDO), Protected Geographic Indication (PGI), GlobalG.A.P., natural cosmetics and textiles, green energy, fair trade and more.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-18 Diversified Laboratories

Chantilly, Virginia, United States

Diversified Laboratories LLC is an analytical laboratory specializing in the detection of pesticide, chemical and antibiotic residues and quality measurements in food and animal feed products. Diversified Laboratories was founded in 1977 and is based in Chantilly, Virginia.

Buy -