Eurofins enters the Hungarian market for food and feed testing with the acquisition of Food Analytica Group
Eurofins Scientific (EUFI.PA), the global leader in food testing services, announces the acquisition of Food Analytica, a leading group of food testing laboratories in Hungary.
As one of the most modern microbiology laboratories in Central and Eastern Europe, Food Analytica offers to more than 400 clients in Hungary and Romania a comprehensive suite of food testing services which comprises microbiology, food and feed chemistry, grain studies, molecular biology, and sensory analyses. Moreover, Food Analytica provides a broad scope of environmental testing services to a large variety of customers. Food Analytica employs 90 staff and operates 4 laboratories in South-Eastern Hungary.
The acquisition of Food Analytica will further enhance Eurofins’ geographical footprint in the food and feed testing market, and provides a platform with significant organic and inorganic growth potential.
Comment from Dr. Gilles Martin, Eurofins’ CEO: “We are pleased to welcome Food Analytica, a leading player in food testing in Hungary, to Eurofins’ family of businesses. This acquisition, together with the acquisition of ERICo in Slovenia in 2017, will provide Eurofins with a strong presence in both food and environment testing markets to the benefit of its customers in Central and Eastern Europe.”
Other news from the department business & finance
