The mergers and acquisitions in the environmental laboratory marketplace continue to trickle in, and we have them summarized for you!
Pace Acquires Emerson Resources, Inc.
Pace Analytical Services, LLC (Pace Analytical) headquartered in Minneapolis, Minnesota, announced on August 25, 2020, its acquisition of Emerson Resources, Inc. (Emerson) a pharmaceutical contract development and manufacturing organization (CDMO) specializing in dosage form development and clinical trial material manufacturing. Eric Roman, CEO of Pace commented, “Adding Emerson Resources to our portfolio allows Pace Life Sciences to further support our pharmaceutical and biopharmaceutical clients from early-stage research and development through phase II clinical trial material manufacturing.”
“This acquisition expands the capabilities of Pace Life Sciences to include clinical trial material manufacturing, greatly rounding out our overall service offerings,” added Greg Kupp, COO of the Pace Analytical Life Sciences Division. “The production of clinical trial materials requires a robust quality system, deep technical expertise, and the agility to ensure materials are ready for the clinic on time. Emerson is exceptional in these areas and represents a strong addition to the Pace Analytical lab network.”
IEH Laboratories & Consulting Group Acquires Brooks Applied Labs
IEH Laboratories & Consulting Group (IEH) acquired the Brooks Applied Lab (BAL) located in Bothell, Washington, in late August 2020. IEH operates over 100 ISO 17025 accredited laboratories throughout the United States, Canada, Mexico, Germany, England, Austria, Australia, China, and the Netherlands. IEH offers full microbiological and chemistry testing services and serves the food industry providing both testing and consulting services. BAL has extensive trace metals and metals speciation experience and testing capabilities. A representative of BAL said, “With an expanded network, our resources here at BAL are exponentially greater allowing us to continue to offer new methods to meet your needs.”