Des Moines, Iowa
September 26, 2008In
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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