Eurofins acquires environment tester, becomes market leader
Eurofins Scientific, the French laboratory group that maintains a market leading position in any number of laboratory analysis sectors, has recently acquired Finnish environment testing lab Ahma Ymparisto Oy (“Ahma”). The lab is the second largest facility in the country dedicated to environmental testing, and pushes Eurofins into yet another market-leading position, in yet another laboratory analysis market.
Ahma has a strong reputation as an environment tester in Finland, and is particularly exposed to the northern and western parts of the country. It’s particular strengths include laboratory services relating to water, hydrobiology and bio-fuels testing.
The three-site laboratory will compliment Eurofins existing business in South Finland, which it gained by acquiring the Ramboll Group. These latest acquisitions are the most recent in a long spate activity that has seen Eurofins become the global leader in the industry.
Dr. Giles martin, Eurofin’s CEO, commented on the acquisition, saying:
“The acquisition of Ahma illustrates Eurofins’ strategy of consolidating and continually strengthening our leading operational footprint. We are committed to supporting Ahma’s further development by giving them access to the full range of capabilities of the Group. Together with the recently-acquired laboratories from Ramboll, we look forward to supporting their respective operations and further developing their capabilities to continue providing customers in Finland with the highest level of analytical service.”
Dominion holds Eurofins Scientific in its Global Trends Managed Fund.
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