M&A Deal Summary

FoodChain ID Acquires Diversified Laboratories

On November 18, 2019, FoodChain ID acquired life science company Diversified Laboratories

Acquisition Highlights
  • This is FoodChain ID’s 2nd transaction in the Life Science sector.
  • This is FoodChain ID’s 2nd transaction in the United States.
  • This is FoodChain ID’s 1st transaction in Virginia.

M&A Deal Summary

Date 2019-11-18
Target Diversified Laboratories
Sector Life Science
Buyer(s) FoodChain ID
Deal Type Add-on Acquisition

Target

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.

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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 4 of 7
Sector (Life Science) 2 of 2
Type (Add-on Acquisition) 4 of 7
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-30 Nutraveris

Ploufragan, France

Nutraveris is a scientific and regulatory affairs consultancy and technology software provider for compliance, risk management, and product development. Nutraveris was founded in 2006 and is based in Ploufragan, France.

Buy -