THE WHAT? The Eurofins network of companies has announced the acquisition of Labormar for an undisclosed sum. The Colombian-based testing firm will be known as Eurofins Labormar going forward and is Eurofins’ second laboratory in Colombia.  

THE DETAILS The acquisition covers Labormar’s laboratory and 9 logistics and sampling hubs and brings Eurofins’ network to 15 laboratories across 5 LATAM countries.

THE WHY? The deal will strengthen Eurofins’ global testing offering and, specifically, its presence in Latin America, the testing firm revealed.