Eurofins Strengthens Its Asia Pacific Footprint
Food and testing firm moves further into region with the Acquisition of the NM Group of Laboratories in Malaysia
Eurofins Scientific , the global leader in food and environment testing services, announces that it has acquired the NM Group of Laboratories (NML), one of the leading private laboratories in Malaysia for food and environment testing. NML employs about 120 staff across its three facilities, strategically located in the northern and southern parts of the country.
Established in 1980 originally for testing of dried rubber, NML has developed into one of the leading private laboratories providing comprehensive analytical services for food and environment testing, as well as for rubber testing.
Malaysia has a well-developed market for environment testing, especially in water and soil contamination given its status as one of the top exporters of liquefied natural gas (LNG). Furthermore, with the third highest GDP per capita in the ASEAN3 region, sustained consumption growth also supports positive outlook for testing in food and other consumer products. The acquisition therefore provides Eurofins entry into this attractive testing market, a strong platform to roll-out a broader service offering, and reinforces the Group’s growing footprint in the region. In return, NML will gain access to the complete infrastructure and capability of the Group, which should allow substantial expansion of the range of services it offers to both domestic and international customers, thereby accelerating its market share expansion.
Dr. Gilles Martin, Eurofins CEO commented on the move.
“NML provides Eurofins a good entry into the analytical testing market in Malaysia and reinforces our footprint in this rapidly-growing region. We are looking forward to contributing to strengthening NML’s position in its market, as well as expanding the portfolio of tests it makes available to the Malaysian government and industries by offering the full range of services and capabilities of the Eurofins Group through NML.”