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  6. Matrix Sciences Acquires AgroLab

M&A Deal Summary

Matrix Sciences Acquires AgroLab

On March 18, 2021, Matrix Sciences acquired agriculture company AgroLab

Acquisition Highlights
  • This is Matrix Sciences’ 1st transaction in the Agriculture sector.
  • This is Matrix Sciences’ 5th transaction in the United States.
  • This is Matrix Sciences’ 1st transaction in Delaware.

M&A Deal Summary
Date 2021-03-18
Target AgroLab
Sector Agriculture
Buyer(s) Matrix Sciences
Deal Type Add-on Acquisition

Target

AgroLab

Harrington, Delaware, United States
AgroLab is an operator of the agronomy lab in support of agronomists, farmers, turf specialists, manufacturers, and others. AgroLab is located in Delmarva and services customers within the Mid-Atlantic, East Coast, and beyond. AgroLab was founded in 2010 and is based in Harrington, Delaware.

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Buyer(S) 1

Buyer

Matrix Sciences

Chicago, Illinois, United States
Category Company
Founded 2017
Sector Business Services
DESCRIPTION

Matrix Sciences is a provider of consulting services to the food industry for the safe food market. Matrix Sciences was founded in 2017 and is based in Chicago, Illinois.

DEAL STATS #
Overall 6 of 7
Sector: Agriculture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 7
State: Delaware M&A 1 of 1
Country: United States M&A 5 of 6
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-21 Safe Food XRay

United States

Safe Food XRay LLC provides state-of-the-art inspection equipment to identify and segregate product that is contaminated with foreign material to allow food manufacturers to target affected products for disposition and reclaim unaffected product and place into commerce.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 Cherney Microbiological Services

Green Bay, Wisconsin, United States

Cherney Microbiological Services is a microbiology company. Cherney Microbiological Services' USP methods are used for testing products to ensure the quality standards are met for pharmaceutical development. Cherney Microbiological Services provides a diverse catalog of tests and knowledge available to clients. Cherney Microbiological Services is based in Green Bay, Wisconsin.

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