EAG Acquires Wildlife International, A Leading Ecotoxicology, Environmental Fate & Chemistry Laboratory
World Leader in Analytical and Testing Services Adds New Capabilities to Enhance its Ecotoxicology and Environmental Fate Services for the Agricultural, Industrial Chemical, Pharmaceutical and Animal Health Industries
SANTA CLARA, Calif.--(BUSINESS WIRE)--Evans Analytical Group (EAG), the world's leading, fully integrated, independent laboratory network, providing high value expert analytical and testing services to a wide range of industries and end users, announced that it has acquired Wildlife International, Ltd. Financial terms of the transaction were not disclosed.
Wildlife International has been a recognized leader for over 35 years serving the critical, higher-tier Ecotoxicology and Environmental Fate testing services market. Wildlife has established a premier reputation among clients and regulators around the globe by providing high quality and innovative testing services required to comply with environmental safety regulations. The testing conducted at Wildlife’s facilities is in compliance with Good Laboratory Practices (GLP) for its aquatic toxicology, avian toxicology, endocrine disruptor, histopathology support, plant/insect toxicology, environmental fate and biodegradation, and analytical chemistry analyses. Wildlife serves the regulatory requirements of the U.S. EPA / TSCA, U.S. FDA, EU Pesticide, REACH and Pharmaceutical Regulations, and Japanese governmental agencies. Wildlife performs tests to support the pesticide, industrial chemical, pharmaceutical and animal health industries with its highly skilled technical teams who have deep domain expertise to ensure quality studies are performed in collaboration with clients and regulatory agencies.
EAG is dedicated to being the pre-eminent global provider of Environmental and AgroSciences testing services and Wildlife enhances the earlier acquisitions of PTRL West and PTRL Europe, both of which are leaders in Analytical Chemistry and Residue Analysis, Environmental Fate and Metabolism testing for pesticides. The addition of Wildlife brings further skills in Environmental Fate and the addition of Ecotoxicology testing and a broader footprint which includes industrial chemicals, pharmaceutical and animal health testing services. EAG believes the addition of Wildlife offers customers a full suite of environmental testing services in our 3 locations: MD, CA, and Germany as a global services provider.
The ever-increasing pace of new regulations implemented to safeguard our food and environment around the world, the standardization of regulations globally, the intensifying public concerns over safety and the environmental impact of chemicals, and the overall reliance of key industry players to outsource their testing to well-established and certified labs all bodes well for the critical importance of the role which Wildlife fulfills. We are committed to continuing to invest in the business pursuant to the Company’s growth plans.
Harry Davoody, CEO of EAG, comments, “Both Wildlife International and EAG value the importance of strong customer relationships first and foremost. The acquisition of Wildlife signals EAG’s commitment to excellence in the area of Environmental testing services. The combination of Wildlife, PTRL West and PTRL Europe further establishes EAG as a premier global provider of high end analytical testing services to the agrochemical, industrial chemical, pharmaceutical and animal health market sectors. EAG intends to continue to support the teams with state of the art equipment to grow these businesses and provide essential and innovative services to their customers.”
Mark Jaber, CEO and Director of Research of Wildlife International, affirmed that, “EAG’s commitment to the Environmental Sciences sector made EAG an overwhelming choice to enable Wildlife’s team to continue to grow and prosper for its clients. Our entire team is enthusiastic to join forces with PTRL, with whom we have collaborated on projects in the past, and see a tremendous opportunity for growth and sharing of expertise on a global scale. The broad global platform enables our base of international customers the ability to secure a full suite of services from EAG to meet worldwide regulatory guidelines. We look forward to working collaboratively with PTRL to enhance the high quality services we can offer to our customers.”
Virginia M. Turezyn, SVP of Business Development and Strategy, comments, “Wildlife International is a valued strategic acquisition for EAG to solidify our leadership in the Environmental Testing / AgroSciences industry. Wildlife’s industry reputation and commitment to excellence in meeting the needs of very complex scientific studies was a natural fit for EAG’s long term strategy. We are dedicated to expanding our service offerings to the environmental and pharmaceutical segments of the market worldwide.”
About Evans Analytical Group
EAG is the world's leading, fully integrated, independent laboratory network. EAG's Materials Characterization Division provides high value analytical services focused on surface analysis and materials characterization in support of high technology industries. The Company's Release to Production Division provides expert engineering service and support from chip tape-out to volume production in support of the electronics industry. EAG’s AgroSciences and Environmental Testing division provides analytical chemistry, environmental fate, metabolism and eco-toxicology services for agrochemicals, industrial chemicals, pharmaceuticals and animal health products. EAG has an international network of laboratories and serves more than 5,500 customers worldwide. (www.eaglabs.com)
EAG is majority owned by Odyssey Investment Partners, LLC, a leading private equity firm with more than $2 billion in capital under management. Odyssey makes majority, control investments primarily in established middle-market industrial manufacturing and business services companies in a variety of industries. Further information regarding Odyssey Investment Partners can be found at www.odysseyinvestment.com.
About Wildlife International
Wildlife International is a leading analytical laboratory specializing is critical and complex eco-toxicology and environmental fate testing services. Wildlife is headquartered in Easton, Maryland, and has sales offices in The Netherlands and Japan. Further information can be found at www.wildlifeinternational.com.
Copyright 2013 Business Wire All Rights Reserved.