Eurofins reinforces its agroscience contract research services by acquiring SGS’ Crop Science operations
Belgium
December 18, 2023
Eurofins Scientific (EUFI.PA), a global leader in agroscience contract research services, announces the signing of an agreement to acquire the operations of SGS Crop Science in 14 countries. The business generated revenues of approximately CHF 46m in 2022. The transaction is subject to consultation with SGS Crop Science’s local stakeholders as required by the local jurisdictions and is expected to close in the coming months.
Consisting of more than 480 employees and locations in Europe, North America, South Africa and Brazil, SGS Crop Science is composed of activities in Agroscience Contract Research, Agricultural Input Testing and Precision Farming & Agronomy services. Its addition complements Eurofins’ Agroscience Services and Agro Testing businesses and its vision to be a global, high-quality and ‘one-stop’ provider of services to screen and develop, register and steward new and existing seeds and agrochemicals for its clients in the agrosciences and agro testing industries as well as supporting industrial chemicals clients with data generation for REACH filings and farmers, agronomist or sample-taking companies with value-added (soil) testing.
Comment from Dr Gilles Martin, Eurofins CEO: “We are very pleased to welcome SGS Crop Science’s teams to Eurofins. The acquisition further reinforces Eurofins’ service offering in agroscience contract research services and agro testing as well as its commitment to providing the best possible standard of scientific and regulatory support to its clients.
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Website: http://www.eurofins.com Published: December 19, 2023 |
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