European giant buys Lisburn-based laboratory supplies company
A laboratory supplies company in Lisburn has been bought over by the biggest company in its field in Europe. Analab, which has turnover of around £2m, is now part of Scientific Laboratory Supplies (SLS), based in Yorkshire.
SLS this week became the biggest independent lab supplies group in Europe after merging with Dominique Dutscher in France. It said the acquisition was part of ambitious expansion plans for the life sciences, food and drink, and medical technology sectors across Ireland.
SLS said its takeover had already brought new opportunities for Analab, and that more new jobs were likely. The addition of Analab brings group turnover to £42m.
SLS chairman Peter Chapman said: “Ireland is recognised as a global centre for life sciences and medical devices, and the pace of scientific research and commercial activity is truly impressive.”
Analab founding director Damien McCorry remains as managing director, along with clinical diagnostics director Aileen McGrath.
The deal is the second major merger and acquisitions activity in Northern Ireland this week after IT firm Novosco acquired NetDef in Cheshire.
Belfast Telegraph Digital