.
MergerLinks Header Logo

Announced

Eurofins Scientific to acquire DNA Diagnostics Center.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

dna testing

Health Care Services

United States

Pending

Acquisition

Friendly

Private

Single Bidder

Cross Border

Majority

testing inspection and certification

Synopsis

Edit

Eurofins Scientific, a global scientific firm, agreed to acquire DNA Diagnostics Center, a provider of consumer genetic testing. Financial terms were not disclosed. "Eurofins believes that consumer genetic testing, to support personalised lifestyle and health awareness is a significant growth opportunity, and this acquisition will support and significantly accelerate Eurofins’ strategy to expand further into this market. DDC has a highly successful and growing test and product menu and will benefit from Eurofins access to additional markets. We also expect leverage from DDC distribution and sales of existing Eurofins testing capabilities into the consumer market for both genetic and other health and wellness related tests," Eurofins Scientific.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US