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

Publisher: The Insight Partners

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.