Private Markets

Eurofins expands its footprint with the acquisition of Gözlem Group in Turkey

Eurofins Scientific (EUFI.PA), the global leader in food testing, announces the acquisition of Gözlem Gýda Kontrol ve Araþtýrma Laboratuvarlarý (“Gözlem”), one of the leading food testing laboratories in Turkey.

Founded in 2002, Gözlem has established itself as one of the main food testing laboratories in
the country, and has strong relationships in the national food and beverage industry. The
company employs 124 staff, and operates 1 large laboratory in Istanbul, as well as internal
laboratories at 13 client sites in Istanbul, Ankara and Izmir regions.

The acquisition of Gözlem provides Eurofins with a strong platform to accelerate the roll-out of
its capabilities to serve the thriving food and beverage industry, which at almost 19% of GDP,
remains a key trading sector[[
http://www.food-exhibitions.com/Market-Insights/Turkey-and-Eurasia/Archive/The-Turkish-food-industry-trendsopportunities]] in Turkey. In return, Gözlem will be able to leverage Eurofins’
network capabilities and unequalled tests portfolio to accelerate its market share expansion
and secure market leadership in the fastest-growing regions of Turkey.

Comment from Dr. Gilles Martin, Eurofins CEO: “The acquisition of Gözlem is another
demonstration of our commitment to continuously reinforce our market leadership in the EMEA
region. We are looking forward to strengthening Gözlem’s market position by giving it access to
the full range of services and capabilities of the Eurofins Group.”

About the author

Next Finance

Next Finance

Add Comment

Click here to post a comment

Categories