Dentons Cardenas & Cardenas advised Eurofins Scientific, a leading company in the pharma and food sectors, on the acquisition of Quasfar, a Colombian laboratory based in Bogota. Eurofins is an international game player regarding food, environment, pharma, cosmetic, product testing and advanced material sciences and research, sectors.
As a result of this transaction, Eurofins consolidates its entry into Colombia’s pharmaceutical market and strengthens its expansion process in Latin America. Eurofins currently owns more than 10 laboratories in 5 countries throughout the continent. With the acquisition of Quasfar, Eurofins expects to enlarge its presence in the region and to bolster its operations in Latin America.
Mauricio Borrero, partner of Dentons Cardenas & Cardenas and leader of this transaction commented: “The result of this operation marks a transcendental milestone for Eurofins, as it consolidates its entry into Colombia’s market and strengthens its presence at a regional level. We expect that our client will consolidate its position as a leading company in both Colombian and the Latin American market”.
The Corporate Law / M&A team of Dentons Cardenas & Cardenas was formed by: (i) Mauricio Borrero, Partner; (ii) Santiago MiramĂłn, Corporate Law / M&A Director; (iii) Maria Paula Macias, Associate; (iv) Cristina Soto, Associate and (v) Mariana Moncada, Associate.
