Wed, 19 Jul 2006
Inspicio is to acquire Eclipse Scientific, the Cambridgeshire-based provider of chemical and microbiological testing services, from Clearbrook Capital Partners for £47m. Mark Silver, Chief Executive of Inspicio plc said: "The acquisition of Eclipse, one of Europe's leading independent analytical testing laboratories, provides a platform from which Inspicio can expand its current operations to include an international food testing division. We believe that a number of synergies exist between Inspicio and Eclipse and the acquisition will further enhance our position as a market leader in the provision of inspection and testing services." The deal is being funded via £22m of new debt and £30m of new ordinary shares. Eclipse focuses on the analysis of food, pharmaceutical, water, environmental and agrochemical testing.
Latest articles in this category
25 Nov 2015
24 Nov 2015
20 Nov 2015