Eurofins acquires pharmaceutical testing company
Paris-based Eurofins Scientific Inc., which has operations in Des Moines, has acquired Lancaster Laboratories Inc. of Lancaster, Pa. Eurofins acquired Lancaster from Thermo Fisher Scientific Inc. for approximately $200 million.
Lancaster is a provider of pharmaceutical product testing and current good manufacturing practices quality control services in North America, with approximately 1,100 employees.
It also operates the largest single-site independent pharmaceutical product-testing laboratory in the world.
Eurofins is a life sciences company that provides analytical testing services to clients from the pharmaceutical, food and environmental sectors.