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The EnvironeX Group will strengthen Eurofins’ position in the Canadian Environmental and AgriFood Testing Markets

Eurofins Scientific (EUFI.PA), a global scientific leader in bioanalytical testing, announces that it has acquired EnvironeX Group Inc. (EnvironeX), from Marc Hamilton and Persistence Capital Partners (PCP).

Founded in 2005 by Marc Hamilton and supported by PCP since 2015, EnvironeX is a leading provider of Testing services to the Environment, AgriFood and Health & Pharmaceuticals sectors in Quebec, Canada. EnvironeX operates three laboratories and one service point, employs 275 staff and is expected to generate ca. CAD30m of revenues in 2018. EnvironeX has grown steadily over the last decade, servicing a broad customer base, including industrial clients, municipalities, engineering firms and environmental consultants in sectors such as Agrifood, Agriculture, Health and Pharmaceuticals.

EnvironeX will complement Eurofins Food and Environment Testing footprint in Canada, which employs over 200 staff and operates four laboratories and three service centres. The additional staff, locations, coverage and technical expertise is in line with the Group’s commitment to providing its clients a world class level of service in all main countries where they operate.

Comment from Dr. Gilles Martin, Eurofins CEO: “We are very pleased to welcome EnvironeX to the Eurofins Group. EnvironeX is a perfect fit for Eurofins and will provide an excellent platform for growth in Canada as we share the same entrepreneurial values and a strong desire to utilize service excellence, quality, innovation and technology as significant pillars of our growth”. 

Comment from Marc Hamilton, EnvironeX CEO: “Today is an important step for EnvironeX. We are pleased and proud to benefit from Eurofins' expertise to continue to grow in the Canadian market. I am personally excited to join our forces and competencies with the Eurofins team and provide our customers with diversified and high quality analytical services”

Source : Eurofins
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