Type of information: Company acquisition
Acquired company: Pasteur Group (Brazil)
Acquiring company: Eurofins Scientific (Luxembourg)
- • On December 21, 2017, Eurofins Scientific announced that it has acquired Pasteur Group, a leading player in clinical diagnostics in greater area of Santos, Sao Paulo state. The group is located in the seaside of Sao Paulo state, where the largest port in Brazil and several important industries are located. As the leading clinical diagnostics testing group in the seaside of Sao Paulo, Pasteur expects to generate revenues in excess of BRL 25m in 2017. The company employs 190 staff.
- This acquisition provides Eurofins an entry into the dynamic and growing clinical diagnostics market in the most populous Latin American country. This represents a new business line for Eurofins in Latin America, and provides a platform with significant organic and inorganic growth potential.