Announced
Completed
Financials
Sources
Tags
research services
Canada
Cross Border
Private
Friendly
Medical Services
Acquisition
Majority
Completed
Single Bidder
Synopsis
Frontage Laboratories, a contract research organisation that provides integrated, science-driven, product development services, completed the acquisition of Nucro-Technics, a research services company. Financial terms were not disclosed. "Today marks a momentous and an exciting occasion. It is a day to celebrate two great companies coming together. It is with great pleasure that I welcome the extraordinary Nucro-Technics team to the Frontage family. Nucro-Technics has been recognized as a leader in the Canadian CRO market for over 50 years, and its unparalleled client services is a perfect match for the culture of Frontage Laboratories. This acquisition not only significantly strengthens our presence in Canada, but also will enable the combined organization to offer a more expansive suite of services to clients across the globe. We are looking forward to partnering with the Nucro team to deliver the world-class expertise that clients have come to expect from us," Abdul Mutlib, Frontage CEO.
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