LabCorp Enters into Definitive Agreement to Sell Covance Food Solutions to Eurofins for $670 Million

LabCorp Enters into Definitive Agreement to Sell Covance Food Solutions to Eurofins for $670 Million


Apr 30, 2018--LabCorpA , a leading global life sciences company, announced today that it has entered into a definitive agreement under which Eurofins Scientific , a global group of laboratories active in food, environment and pharma product testing, will acquire the Covance Food Solutions business from LabCorp for an all-cash purchase price of $670 million. Covance Food Solutions is a global provider of innovative product design and product integrity services for end-user segments that span the global food supply chain, with an integrated network of facilities across the United States, United Kingdom and Singapore.



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