Michigan’s Neogen Corporation acquires the stock of United Kingdom-based Lab M Holdings, a developer, manufacturer and supplier of microbiological culture media and diagnostic systems.
“The combination of Lab M’s quality products with our Acumedia product line will make Neogen a leading global company in the traditional microbiology market, as well as give us new tools we can incorporate into our food safety diagnostics to enhance our products,” says James Herbert, Neogen’s CEO and chairman.
Lab M is headquartered in an accredited facility in Heywood, England, near Manchester. Neogen will maintain Lab M’s current facility, and its operations will be managed by Neogen’s Scotland-based Neogen Europe subsidiary.
Terms of the agreement were not disclosed.
More information is available here: http://www.neogen.com/Corporate/PR2015/2015-08-27.html