EAG acquires ABC Laboratories
Evans Analytical Group (EAG), a fully integrated, independent laboratory network based in Boston, has acquired Analytical Bio-Chemistry Laboratories, of Columbia, Mo. (ABC Laboratories). EAG is a private company, majority owned by Odyssey Investment Partners. Financial terms of the transaction have not been disclosed.
ABC is a CRO providing product development and analytical testing services for the agrochemical and pharma/biopharma markets. The company offers a complete range of agricultural product development and GLP-compliant environmental testing services for the agrochemical industry through its Environmental Services division, as well as a comprehensive suite of development and CGMP and GLP-compliant testing capabilities for small and large molecule therapies and medical devices through its Pharmaceutical Services division.
Over the last three years, the ChemEco division of EAG has become the preeminent global provider of analytical and testing services for its clients in agrochemicals, pharmaceuticals and industrial chemicals markets. With the ever-increasing pace of new regulations implemented to safeguard the food and environment around the world, the U.S. EPA and its global counterparts expect a set of comprehensive scientific studies before a chemical is registered for broad use. The acquisition of ABC strengthens EAG’s existing laboratories in the U.S. and Europe and further enhances its leadership in this market of growing importance.