Eurofins to Acquire DNA Diagnostics Center (DDC) to Expand Consumer Genetic Testing
June 28, 2021
Eurofins Scientific, via its subsidiary Eurofins Clinical Testing US Holdings, has entered into an agreement to acquire DNA Diagnostics Center (DDC), a consumer-focused DNA testing laboratory. The deal is expected to expand Eurofins’ reach into consumer genetics and health & wellness markets, with DDC projected to generate over $55M in 2021 revenue and operating from its Fairfield, Ohio facility.
- Buyers
- Eurofins Scientific, Eurofins Clinical Testing US Holdings, Inc.
- Targets
- DNA Diagnostics Center (DDC)
- Sellers
- GHO Capital Partners LLP (GHO Capital)
- Industry
- Biotechnology
- Location
- Ohio, United States
- Transaction Type
- Buyout
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