Neogen Acquires Food Testing Lab
The BBC reported that VeroMara has a staff of 11 and that it is the UK’s only shellfish and finfish testing firm. The purchase will expand Neogen’s international operations and its business in the fish testing business, for which it currently offers kits.
Lansing, MI 6/20/11—Microbiology kit firm Neogen has purchased the assets of the VeroMara seafood-testing laboratory from GlycoMar, an early-stage discovery company, for an undisclosed amount. VeroMara’s services include testing for shellfish toxins and general foodborne pathogens. The company has annual revenues of $800,000. “VeroMara’s services are complementary and a nice fit with our existing product lines for the seafood industry, including one of our biggest food safety diagnostic products—our histamine tests for the tuna industry,” stated Neogen CEO and Chairman James Herbert. “The VeroMara purchase also provides Neogen with key collaborative relationships with influential aquaculture partners, and increased access to important international markets.” Neogen stated that VeroMara, which is located at the European Centre for Marine Biotechnology in Oban, Scotland, will work closely with its European headquarters in Ayr, Scotland.
