Last month Mérieux NutriSciences announced the acquisition of 100% shareholding in Theolab, a leader in the field of environmental sciences. This acquisition allows Mérieux NutriSciences to become the undisputed leader on the market of environmental services in Italy.

Established in 1996 and employing 150 people employees, Theolab is specialized in environmental analysis. The company operates 8 sites in Italy with the main laboratory being in Torino. Theolab is a widely recognized service provider in Italy, working with major international and Italian companies. Theolab and Mérieux NutriSciences Environmental operations in Italy will rapidly be combined and will operate as one single company.

Philippe Sans, President and Chief Executive Officer of Mérieux NutriSciences, said: “We are pleased to welcome a much respected company to Mérieux NutriSciences. Theolab brings a long record of operational excellence to our organization.”  He added “The acquisition of Theolab is an excellent strategic fit as it will complete our geographical presence in Italy and expand our portfolio of environmental services.”

“Since its foundation 20 years ago, Theolab has always strived to deliver excellent service in the environmental testing market in Italy. I am proud that Theolab is now joining Mérieux NutriSciences.” said Paolo Odello Rossi founder and President of Theolab.Over the coming months, Theolab will be transitioned into the Mérieux NutriSciences laboratory network. This acquisition marks the fifth acquisition by Mérieux NutriSciences in Fiscal Year 16 (starting October 1st, 2015).

Press contact: Valérie Leyldé, valerie.leylde@mxns.com – Ph.+33 (0)4 72 38 15 38

Source: Mérieux NutriSciences Website