Des Moines, Iowa, USA
March 23, 2012

Eurofins Scientific, Inc., the world leader in analytical support to the global agri-food market, announces the planned acquisition of the Quality Trait Analysis (QTA®) business of BASF Corporation, the world’s leading chemical company with a portfolio ranging from chemicals, plastics, performance products, and agricultural products to oil and gas. The acquisition will strengthen Eurofins’ growing presence in the US while adding a unique business possessing the most advanced expertise in on-site quality analysis systems.
 
The QTA® System is a patented analytical service that enables clients to quickly and easily test the quality of products and materials, reliably and accurately. QTA® handles all the technical development, configuration, management and monitoring behind the scenes, enabling accurate quality testing by non-technical personnel, and allowing its clients more freedom in managing their operations. With high quality data, obtained in rapid times, QTA® helps its clients measurably increase the value of their finished product, improve process yields, reduce waste and rework, and improve profitability. Its leading technology serves global stakeholders in multiple industry segments, including biodiesel, pesticides, seed and grain, chemicals, food ingredients, and dietary supplements.

As an integral component of this deal, Eurofins also will enter into a supplier agreement with BASF Corporation to provide QTA® patented testing and technical support to BASF globally.
 
The acquisition coupled with this global supplier agreement will allow QTA® to offer the full range of services available from Eurofins’ collection of more than 160 laboratories around the world. Behind these expanded services will be a high level of IT capabilities and systems that will allow clients to have convenient access to their data online via secure data portals, 24 hours a day, 7 days a week.

“Eurofins Scientific is committed to providing the best laboratory services and client support to its customers and is dedicated to consistently providing the highest level of analytical testing technology available in the industry,” says Dr. Michael Russell, CEO of Eurofins Scientific’s US Food Division.

Website: http://www.eurofinsus.com

Published: March 23, 2012