Transactions

Bureau Veritas – divestment of NZ Labs to Eurofins Scientific

Miles Advisory Partners advised Bureau Veritas on its divestment of NZ Labs to Eurofins Scientific

Transaction Details

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Sector
Industrial
Miles Role

Sell-side advisor to Bureau Veritas

Deal Type

Business Divestment

Year Completed

2012

Contacts for this Transaction
Rohan Manikath
Managing Director
Contact Rohan Manikath

Overview

  • NZ Labs was New Zealand’s second largest food testing laboratory network, operating three laboratories with nationwide coverage and ~100 staff
  • The business primarily served the dairy and meat sectors, with the majority of product destined for export, alongside multinational food producers operating in New Zealand
  • The acquisition extended Eurofins' dairy and pesticides testing capabilities into a region where those services were underdeveloped within its network

Further information on this transaction is available at: NZ Labs / Eurofins Scientific Press Release