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Announced

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Mérieux NutriSciences completed the acquisition of KTBA.

Synopsis

Mérieux NutriSciences, a global player in food safety and quality, completed the acquisition of KTBA, a Dutch company offering premium quality assurance consultancy and training, label compliance, and software solutions to support the food industry in responding to the growing demands of food safety from the market and consumers. Financial terms were not disclosed. The acquisition of KTBA strategically complements Mérieux NutriSciences services in the Netherlands where the company already operates testing activities in Ede, located in the Food Valley. This acquisition also strengthens Mérieux NutriSciences European label compliance, regulatory and risk monitoring services aiming at supporting its clients to make their products marketable and safe. “We are very enthusiastic to have the talented and recognized team of KTBA joining us. This acquisition is fully aligned with our strategic roadmap and illustrates Mérieux NutriSciences commitment to offer solutions beyond testing to support our customers throughout the entire value chain.” Philippe Sans, Mérieux NutriSciences President & CEO.

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