Eurofins: outsourcing agreement with Signify

(CercleFinance.com) - Eurofins Scientific has announced an outsourcing agreement, combined with a three-year exclusive supply agreement with Signify (formerly Philips Lighting) to support its Materials Analysis and Reliability Laboratory 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 in Eindhoven, Signify's laboratory has 50 highly skilled employees and performs over 120 analytical techniques that are highly complementary to those of EAG Laboratories, which Eurofins acquired in December 2017.

Copyright (c) 2018 CercleFinance.com. All rights reserved.