Des Moines, Iowa
September 26, 2008
In line with an increased commitment to expand its presence in the North American market through strategic acquisitions, Eurofins has finalized the acquisition of STA Laboratories, a leading agricultural testing laboratory that offers genetic, seed quality, plant health diagnostic services and products to the seed and plant industries.
STA Laboratories, Inc. offers a broad portfolio of services grouped into three core competencies: Seed Genetic Services, Seed Quality Services, and Plant Health Services. The genetic services encompass molecular marker and hybrid purity support while the seed quality services incorporate a full range of capabilities including seed borne pathogen detection, bacterial fruit blotch testing, and germination as well as physical purity tests according to industry accepted standards. The plant health services division is a leading specialist in grapevine disease testing, disease eradication support, and plant pathogen diagnostics in various matrices such as vegetables, fruit crops, and flowers. This complete approach to agricultural product integrity allows STA to customize testing programs and integrate services better to meet customer demands in the US and around the world. STA Laboratories operates facilities in Longmont, Colorado and Gilroy, California. The services provided by STA will complement and build onto the recognized capabilities that Eurofins provides to the seed and agricultural industry world-wide and enhance Eurofins’ ability to provide the broadest base of support to this important market.
Commenting on the acquisition, Michael Russell, Chief Executive Officer of the Eurofins US Food Division said, “We are very pleased with the acquisition of STA Laboratories. Darrell has built a quality focused lab with an extremely talented group of employees who are connected with their clients. STA’s core values of quality, competence and client centered service are very much inline with Eurofins’ and we are looking forward to Darrell and his team being integral parts in the success of the Eurofins group.”
President of STA Laboratories, Darrell Maddox said, “The team at STA is excited about becoming part of the Eurofins group of laboratories. We do think that this move will give us the resources and backing that will allow STA to reach its full potential and meet the expanding demands of this highly competitive market.”
Eurofins Scientific is committed to bringing the best laboratory services to its customers and is dedicated to providing consistently the highest level of analytical testing technology available in the industry.
Eurofins Scientific is a life sciences company operating internationally to provide a comprehensive range of analytical testing services to clients from a wide range of industries including the pharmaceutical, food and environmental sectors. With about 7,000 staff in more than 150 laboratories across 29 countries, Eurofins offers a portfolio of over 25,000 reliable analytical methods for evaluating the authenticity, origin, safety, identity, composition and purity of biological substances and products. The Group is committed to provide its customers with high quality services, accurate results in time and, if requested, expert advice by our highly qualified staff. The Eurofins Group is one of the global market leaders in this field of applied life sciences. It intends to pursue its dynamic growth strategy and expand both its technology portfolio and its geographic reach.
Through R&D, in-licensing and acquisitions, the Group draws on the latest developments in the field of biotechnology to offer its clients unique analytical solutions and the most comprehensive range of testing methods. As one of the most innovative and quality oriented international players in its industry, Eurofins is ideally positioned to support its clients’ increasingly stringent quality and safety standards and the demands of regulatory authorities around the world. The shares of Eurofins Scientific are listed on the NYSE Euronext Paris (ISIN FR0000038259) and Frankfurt (WKN 910251) Stock Exchanges (Reuters EUFI.LN, Bloomberg ERF FP, ESF, EUFI.DE).
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