CDPQ invests EUR 200 million in Eurofins

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CDPQ announced today a EUR 200-million investment in Eurofins, a world leader in food, environment and pharmaceutical products testing. The company operates in Europe, North and South America and Asia-Pacific. After several strategic acquisitions and due to a sustained organic growth over the past five years, Eurofins has become one of the world’s leading networks of testing laboratories in its main sectors of activity. Its analyses are mostly conducted in the food (e.g. traceability), pharmaceutical products (e.g. laboratory testing for clinical studies) and environment (e.g. biodegradability) industries. CDPQ’s investment should particularly enable the company to continue making acquisitions in an industry that remains highly fragmented. false false false Since it went public in 1997, Eurofins’ sales have increased by 37% each year, to reach over EUR 1.9 billion in 2015. ABOUT EUROFINS Eurofins Scientific believes it is the world leader in food, environment and pharmaceutical products testing, as well as one of the global market leaders in agroscience, genomics, discovery pharmacology and central laboratory services. In addition, Eurofins is one of the key emerging players in specialty clinical diagnostic testing in Europe and the USA. With over 23,000 staff in more than 225 laboratories across 39 countries, Eurofins offers a portfolio of over 130,000 validated analytical methods for evaluating the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products, as well as for innovative clinical diagnostic. The Group provides its customers with high-quality services, accurate results on time and expert advice by its highly qualified staff. Eurofins is committed to pursuing its dynamic growth strategy by expanding both its technology portfolio and its geographic reach. Through R&D and acquisitions, the Group draws on the latest developments in the field of biotechnology and analytical chemistry to offer its clients unique analytical solutions and the most comprehensive range of testing methods. As one of the most innovative and quality oriented international players in its industry, Eurofins is ideally positioned to support its clients’ increasingly stringent quality and safety standards and the expanding demands of regulatory authorities and healthcare practitioners around the world. The shares of Eurofins Scientific are listed on the Euronext Paris Stock Exchange (ISIN FR0000038259, Reuters EUFI.PA, Bloomberg ERF FP). ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2015, it held $248.0 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure and real estate. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. false false false