Eurofins expands its footprint in advanced materials sciences through an outsourcing agreement with Signify (formerly: Philips Lighting) in the Netherlands
Eurofins Scientific (EUFI.PA), a global scientific leader in bioanalytical testing, announces the successful closing of an outsourcing agreement in combination with an exclusive 3-year supply agreement with Signify (formerly: Philips Lighting) (LIGHT.EN) to outsource Signify’s Lighting’s Materials Analysis and Reliability Laboratory located in the Netherlands. This transaction represents Eurofins’ third follow-on acquisition and/or outsourcing deal in the rapidly growing advanced materials sciences market, where Eurofins entered with the acquisition of EAG and Eurofins’ first significant laboratory in this business line in the Benelux.
Located at the High Tech Campus in Eindhoven, almost 50 highly skilled staff in the Materials Analysis and Reliability Laboratory provide a broad range of analytical services including materials characterization, chemical compatibility, imaging and reliability services to support product innovation and improvement, trouble-shooting and quality control activities for a range of customers in healthcare, lighting and other high-tech industries. The Signify Laboratory performs over 120 analytical techniques, which are highly complementary to EAG Laboratories’ Advanced Materials Sciences business that became part of Eurofins Group in December 2017.
Comment from Dr. Gilles Martin, Eurofins CEO: “Eurofins only recently entered the advanced materials sciences testing sector, with the acquisition of EAG Laboratories in December 2017. We are very pleased that Signify has already entrusted Eurofins with outsourcing its internal materials analysis laboratory, demonstrating Eurofins’ strong reputation for its scientific expertise and operational excellence in its laboratories’ network. The long tradition of innovation and excellence of analytical techniques at Signify will resonate with Eurofins’ entrepreneurial and innovative culture. This outsourcing agreement provides Eurofins with a valuable entry into the high potential North European advanced materials sciences market.”
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