Eurofins Scientific acquires the Vietnamese Gentis


The French group is strengthening its presence in Asia and completing its network of clinical diagnostic laboratories specializing in advanced genetic testing.

EUROFINS SCIENT.

Eurofins Scientific acquires the Vietnamese Gentis | Photo credits: Eurofins

Small strategic acquisition for Eurofins Scientific. The world number 1 in biological tests, listed on the Cac 40 since last September, has just announced the acquisition of Genetic Testing Service JSC, also called Gentis. This Vietnamese company is presented as the pioneer of genetic screening in its country, serving more than 100 hospitals and generating 10 million euros in turnover for 2021. The company offers comprehensive specialist DNA testing services, including obstetric genetics, genealogy DNA testing, oncology and Covid-19 testing “says Eurofins.

With this operation, the French group continues to strengthen itself in Asia, where it has already made numerous acquisitions in Japan. The amount of the transaction has not been disclosed, but according to the analyst at Invest Securities, it should be ” marginal » in relation to the size of the group. He figures it at less than 15 million euros.


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