ALS Acquires Felsilab s.r.l. in Italy
Aug 6, 2018
We are pleased to inform you that as part of the growth strategy for the European Life Sciences division, ALS has on 5 July 2018 completed the acquisition of 100% of the shares in Felsilab s.r.l. in Bologna, Italy.
Felsilab was founded in 1989 and operates a mix of environmental testing and consultancy services and employs 15 staff. Felsilab is recognised as a high-quality service organisation and the team is well connected in the Italian environmental market. Felsilab is a great cultural fit for ALS and an important further step to build out a hub and spoke model in northern Italy where the recent Leochimica acquisition in Zoppola serves as the hub laboratory. The Italian team now provides a full range of services to food growers, processors, distributors and retailers, as well as environmental analytical services and technical training.
Italy is the fourth largest economy in Europe and having a well-developed hub and spoke model to service northern Italy will allow ALS to strengthen the market share and serve both local and international clients in an efficient manner. To further support this growing organisation the plan is to develop a number of spokes in the region through greenfield development and smaller acquisitions.
The senior management team of Felsilab are remaining with ALS and are excited about the development opportunities ALS brings to the operations.
ALS welcomes the Felsilab team to the Life Sciences Division.