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Eurofins acquires AQM to extend services in EMEA & Asia

11
Jul '19
Pic: Eurofins
Pic: Eurofins
Eurofins Consumer Products Testing (CPT), an international group of laboratories headquartered in Luxembourg, has acquired AQM. The acquisition will provide a comprehensive range of product inspection and factory audit services in EMEA and Asia, significantly contributing to Eurofins' continued growth plans and expansion into new fields and adjacent markets.
 
AQM will hereinafter be referred to as 'Eurofins|AQM', said Eurofins in a press release.
 
"As a result of this operation, Eurofins strengthens its position as a leading company in the TIC sector worldwide, now offering the widest service portfolio covering the global supply chain of retailers, brand owners and manufacturers across continents and consumer product industries," said Stéphane Barrau, VP CPT.
 
"The acquisition will enable both Eurofins CPT and AQM to expand their service offerings within the consumer product testing industries, where both companies excel as a result of their respective expertise. AQM, historically focused on helping customers to deploy responsible sourcing while assuring product quality, now with the additional support of Eurofins CPT will continue to provide high level inspection and audit services with a wider scope and more extended geographic coverage," said Benoit Aubet , AQM managing director.
 
Established in 2005 in France and subsequently moving to Shanghai in 2007 followed by continuous expansion ever since, AQM has established a significant reputation for excellence in inspection and audits, corporate social responsibility and brand protection, mostly in Asia, but also in EMEA. (PC) 
 

Fibre2Fashion News Desk – India


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