On the 30th November 2017 HRL completed the acquisition of Analytica Laboratories Limited.
The acquisition is transformational and positions HRL for its next stage of growth by expanding the business’ capabilities and expertise in new markets. Key benefits to HRL include:
- Highly complementary acquisition adding scale and enhancing competitive position
- Provides rapid entry into the high value environmental and food/agriculture testing market, building on HRL’s strategy to focus on more sophisticated and advanced analysis with higher barriers to entry
- Leverages highly skilled technical and operational staff across a broader operational base
- Provides ability to leverage strong existing brand and reputation when entering new markets
- Complements existing operations through advanced technology and equipment