Logo
Saturday, 04 July 2020
Logo
The News and Media Division of The Insight Partners
Tuesday, 02 Jun 2020 02:00 pm

Merieux NutriSciences Announces Acquisition of the U.S. Business Chestnut Labs

This acquisition diversifies the service offering and expands Mérieux NutriSciences footprint in the US.

newsImage
 

Mérieux NutriSciences, a global Food Safety and Quality, announces today the acquisition of Chestnut Labs, a value-added food safety solutions provider, from Dairy Farmers of America.

Founded in 1996, Chestnut Labs, operates two laboratories strategically located in Springfield, Missouri and Ithaca, New York. Chestnut Labs offers consulting, microbiology and chemistry services. Its history to provide tailored value-added food safety solution and long-standing partnerships with customers makes them a market-leading provider.

This acquisition diversifies the service offering and expands Mérieux NutriSciences footprint in the US.

"We are very enthusiastic about having the talented team at Chestnut Labs join us and welcome them to Mérieux NutriSciences," said Philippe Sans, President and Chief Executive Officer of Mérieux NutriSciences. "This acquisition consolidates Mérieux NutriSciences' position as a major player in food safety and strengthens our presence in the United States, a strategic market for us."

"Chestnut Labs' extensive dairy experience expands Mérieux NutriSciences' expertise in this area of testing while positioning Chestnut for long-term growth potential with one of the global leaders in testing and food safety solutions. With this acquisition, Dairy Farmers of America strengthens our partnership with Mérieux NutriSciences to leverage its network of laboratories and scientists across the United States," stated Marie Tanner, DFA Senior Vice President of Food Safety & Quality.

Tags Mérieux NutriSciences Business Chestnut Labs Acquisition Food Safety and Quality Dairy Farmers America

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

media@smartmarketnews.com | sales@smartmarketnews.com

Contact Us
Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
Follow Us:
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved | Privacy Policy