Type of information: Company acquisition
Acquired company: Eurotrials (Portugal)
Acquiring company: CTI Clinical Trial and Consulting Services (CTI) (USA - KY)
- • On December 7, 2017, CTI Clinical Trial and Consulting Services (CTI) announced the acquisition of Eurotrials. The acquisition strengthens CTI’s existing Real World Evidence business, adding significant presence and expertise in Europe and Latin America. Additionally, the Eurotrials footprint augments CTI’s current reach, enabling CTI to better serve clients and global programs. The new combined company will be one of the 20 largest CROs in the world.
- The terms of the acquisition were not disclosed. Plante Moran and Fifth Third Bank provided support to CTI throughout the acquisition.
- Eurotrials is a full-service contract research organization, with strong local expertise in Europe and Latin America. The company has offices in Argentina, Brazil, Chile, Mexico, Peru, Portugal and Spain, covering over 15 countries in both regions. Eurotrials provides an extensive array of services from early- to late-stage research as well as product support in accordance with global and specific regional requirements.