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Synopsis
Astorg-backed Normec, a European provider of testing, inspection, certification, and compliance services, completed the acquisition of MS Bioanalytical, a nutrition supplement focused testing lab, MJ Reider, a full-service water testing laboratory, and NorthEast BioLab, a CLIA certified bioanalytical laboratory supporting the biopharmaceutical sector. Financial terms were not disclosed. “Today’s announcement marks a pivotal moment in Normec’s journey and more than doubles our addressable market. With a Group valuation now exceeding €2bn, the addition of these three businesses, each known for deep technical expertise, customer trust, and unwavering commitment to quality, provide a strong foothold in the world’s largest TICC market. We see a significant opportunity to continue to grow both organically and inorganically across the US and internationally as we continue to execute on our growth strategy,” Joep Bruins, Normec CEO.
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