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Acquisition Complete!

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15 August 2008

Thursday August 14, 2008

Eurofins Agroscience Services Inc. (USA) today acquired Research Options Inc. previously owned by David Jenkins.  

The new legal name will be Eurofins Agroscience Services Inc. of which David Jenkins becomes Vice President of Operations.

The US based CRO now boasts wholly owned field facilities in Georgia, Iowa, North Carolina, Florida and a satellite field station in California, and looks to concentrate on actively growing the business over the next 12-18 months.

Eurofins Agroscience Services is a leading provider of field and scientific research services, product development consultancy and technical support to the crop protection industry.  Technical activities involve conducting field and laboratory studies to determine the safety and efficacy of new pesticides, agrochemicals and crop varieties.

Founded in the EU, Eurofins Agroscience Services began working in North America in 2006 as a result of a growing demand for CRO’s that are capable of managing development programs across the country.  The company aims to adopt a partnership approach with its clients, based on its very successful European model.

“The US represents a great challenge for us.  With the structural changes to clients’ in-house R&D capabilities there is a substantial demand for outsourced regulatory field studies,” explains the Groups President, Ian Greig.  “The addition of Research Options to our current operation really adds a new dimension to our offering and widens our geographic ‘in house’ reach.  With cultural similarities, and a common approach to research we are very excited about working together with David and his group in the future.”  

Greig adds that “By utilising the well established strategic and operational expertise of our European business, and Eurofins’ existing US infrastructure for financial and administrative support, we expect to operate substantially reduced overheads compared with any US competitors. This will allow us to concentrate our technical resources entirely on delivering regulatory research as cost effectively as possible”.

Following the acquisition of Research Options Inc, the plan includes the creation of a nation-wide network of facilities in all of the key regulatory growing areas of North America.

For further information on Eurofins Agroscience Services Inc. please contact Ian Greig on (+1) 704 517 2631 / ian.greig@eurofinsagro.com