Eurofins acquires Agrisearch Services
Contract research company Eurofins Scientific has acquired an 81% stake in the Australian contract research organisation, Agrisearch Services (Orange, New South Wales), and its wholly owned subsidiaries, Agrisearch Analytical and Agrivet Services. Agrisearch is the leading private contract agricultural and biological research organisation in Australia and New Zealand, Eurofins points out. It generated revenues of over Aus$10 million (US$9 million at the current rate) in 2012 and currently employs 80 staff at three main facilities and 12 satellite laboratories. The acquisition reinforces Eurofins' presence in the Asia Pacific region, the company says.