Eurofins to acquire majority stake in Ajal for Laboratories.

Eurofins, a provider of food, environment, pharmaceutical and cosmetic product testing services, agreed to acquire majority stake in Ajal for Laboratories, a food, tobacco and pharmaceutical testing laboratory. Financial terms were not disclosed. This is Eurofins’ first acquisition in the Kingdom of Saudi Arabia and represents a commitment to building a network of local and regional laboratories to support customers in the Middle East, and the rapidly growing food production and biopharma sectors in the KSA.