Mérieux NutriSciences Acquires Sino Analytica to Strengthen Footprint in China
02 Sep 2014 --- Mérieux NutriSciences Corporation has acquired Sino Analytica, a leading independent food testing laboratory in China from Pacific Andes Group (Hong Kong). This acquisition bolsters Mérieux NutriSciences scientific service offer for global food players and further enhances its position as a market leader for food safety and chemistry innovation in Asia.
Created in 2003 by Pacific Andes Group and employing 200 employees, Sino Analytica offers testing, training, auditing and consulting services for the food industry. The Company operates two fully accredited labs in China (in Qingdao and Ningbo) covering a surface area of over 5 600 m². Sino Analytica started as one of the first independent food testing companies in China and has developed an undisputed leading position in contaminants testing and other complex chemistry analytical solutions. Sino Analytica is a widely recognized service provider in China, working with major international and Chinese companies for exports and for the local market.
Mérieux NutriSciences benefits from over 45 years of experience working with leading food and beverage companies throughout the world. It operates over 70 laboratories in 18 countries, and conducts R&D activities in 5 centers in the US, Italy, France, Brazil and China. The operations of Silliker, a subsidiary of Mérieux NutriSciences, in China and of Sino Analytica will be merged into one business entity in which Pacific Andes Group will hold a minority shareholder position.
“This investment is part of the Mérieux NutriSciences’ external growth strategy in dynamic markets with high potential. Sino Analytica reinforces our capabilities to serve the Chinese and Asian markets. Sino Analytica is highly complementary to our operations in China, bringing two additional locations to our laboratories in Shanghai and Beijing, and adding advanced skills and expertise in the field of high end analytical chemistry”, stated Philippe Sans, President and CEO of Mérieux NutriSciences.
“Since founding Sino Analytica more than 10 years ago, we have been very proud of its growth as a premiere food testing laboratory in China, led by a strong team of professionals. We have reached a stage in our development where the business will benefit greatly from a majority shareholder which has international expertise. This is an excellent evolution for Pacific Andes Group as we are maintaining our connections with Sino Analytica through our minority shareholding, while at maintaining our focus on our core seafood business,” said Mr Ng Joo Siang, Vice-President and Managing Director of Pacific Andes International Holdings. “The merging of Silliker and Sino Analytica will create a strong organisation to support the Chinese food industry and Government in maintaining food safety,” Mr Ng added.
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