Eurofins Eaton Analytical expands its US water testing footprint with the acquisition of UL’s Water Testing Business
March 26 2014 - 2:30AM
Business Wire
Regulatory News:
Eurofins (Paris:ERF):
Eurofins Eaton Analytical, Inc. (EEA), the largest potable water
testing laboratory in the US, announces that it has signed an
agreement to acquire the consumer and municipal water testing
business of UL (Underwriters Laboratories). The transaction is
expected to close no later than April 30.
With nearly 40 years as a leading provider of water quality
analytical services, UL’s water testing laboratory is certified to
perform drinking water analyses in all 50 states. The 70,000
square-foot state-of-the-art laboratory employs 70 staff and
generates revenues of over US $8m. The laboratory has the second
highest volume of US Environmental Protection Agency (EPA)
Unregulated Contaminant Monitoring Rule 3 (UCMR3) program
contracts, after Eurofins Eaton Analytical (EEA). Therefore, with
this acquisition, EEA reinforces its position as the premier
laboratory in the US serving the UCMR3 needs of the EPA.
Located in South Bend, IN, the laboratory serves more than 7,000
state and local municipalities as well as bottlers, engineering
firms, consultants and federal agencies such as the EPA and US
Military. From comprehensive Safe Drinking Water Act (SDWA)
compliance services to cutting-edge capabilities that analyze trace
levels of emerging contaminants, UL’s water testing laboratory
offers a comprehensive range of analytical testing services,
including microbiology, chemistry and radiochemistry.
Eurofins recognizes water quality to be critical for public
health protection, whether in public water supplies or as a
component of food and beverages, and with the continued interest in
emerging contaminants and the development of ever more stringent
standards, this acquisition provides clients with a trusted
laboratory partner that can respond to their needs 24/7 from
multiple convenient service centers.
“Combining the two leading drinking water laboratories
strategically enhances our US Environmental Testing business’
position at the industry’s forefront for water quality testing and
technical leadership,” says Keith Wheatstone, Ph.D., President,
Eurofins Environment Testing US.
Notes for the editor:
About Eurofins Eaton Analytical
Eurofins Eaton Analytical (EEA) is the largest potable water
testing laboratory in the United States, serving water quality
professionals worldwide, with clients throughout the United States
and more than 100 countries worldwide. The company’s
39,000-square-foot analytical testing facility is located in
Monrovia, Calif., where more than 120 leading chemists,
microbiologists and scientists are employed. For more information,
please visit www.eatonanalytical.com or e-mail:
us20_sales@eurofinsus.com.
About UL
UL is a premier global independent safety science company that
has championed progress for 120 years. Its more than 10,000
professionals are guided by the UL mission to promote safe working
and living environments for all people. UL uses research and
standards to continually advance and meet ever-evolving safety
needs. We partner with businesses, manufacturers, trade
associations and international regulatory authorities to bring
solutions to a more complex global supply chain. For more
information about our certification, testing, inspection, advisory
and education services, visit http://www.ul.com
About Eurofins Scientific
Eurofins - a global leader in bio-analysis
Eurofins Scientific is the world leader in food and
pharmaceutical products testing. It is also number one in the world
in the field of environmental laboratory services and one of the
global market leaders in agroscience, genomics, discovery
pharmacology and central laboratory services.
With about 15,000 staff in more than 190 laboratories across 36
countries, Eurofins offers a portfolio of over 100,000 reliable
analytical methods for evaluating the safety, identity,
composition, authenticity, origin and purity of biological
substances and products. The Group provides its customers with
high-quality services, accurate results in time and expert advice
by its highly qualified staff.
Eurofins is committed to pursuing its dynamic growth strategy by
expanding both its technology portfolio and its geographic reach.
Through R&D and acquisitions, the Group draws on the latest
developments in the field of biotechnology and analytical chemistry
to offer its clients unique analytical solutions and the most
comprehensive range of testing methods.
As one of the most innovative and quality oriented international
players in its industry, Eurofins is ideally positioned to support
its clients’ increasingly stringent quality and safety standards
and the expanding demands of regulatory authorities around the
world.
The shares of Eurofins Scientific are listed on the NYSE
Euronext Paris Stock Exchange (ISIN FR0000038259, Reuters EUFI.PA,
Bloomberg ERF FP).
Important disclaimer:
This press release contains forward-looking statements and
estimates that involve risks and uncertainties. The forward-looking
statements and estimates contained herein represent the judgement
of Eurofins Scientific’ management as of the date of this release.
These forward-looking statements are not guarantees for future
performance, and the forward-looking events discussed in this
release may not occur. Eurofins Scientific disclaims any intent or
obligation to update any of these forward-looking statements and
estimates. All statements and estimates are made based on the
information available to the Company’s management as of the date of
publication, but no guarantee can be made as to their validity.
Andy EatonVP Eurofins Eaton AnalyticalPhone: +1 626 386
1100E-mail: andyeaton@eurofinsus.comorMichelle PressUL Global
Marketing Communications ManagerPhone : +1 847 664
1966Michelle.Press@ul.comFor more information, please visit
www.eatonanalytical.com
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