Brussels/ Nantes, June 7, 2007
Eurofins has been awarded a ¤28 million contract to provide regulatory water testing and sampling services to Southern Water, a provider of water and waste water services to more than four million people across South East England.
Under the terms of a five year agreement, Eurofins will become the sole provider of regulatory and analytical water testing and sampling services to Southern Water.
Eurofins will also assume the laboratory assets currently located at Southern Water’s Falmer, Otterbourne and Chatham sites and the transfer of 132 Southern Water staff currently performing these services. Third party work currently conducted through Southern Water’s Scientific Services business unit will also transfer to Eurofins under the terms of the agreement. The agreement is conditional inter alia on the completion of an employee consultation period.
The transfer of staff and laboratory assets to Eurofins ensures continuity of expertise and high quality analytical and sampling services for Southern Water, while delivering efficiency gains and industry best practice support through partnering with a dedicated testing services provider operating a global laboratory network.
Commenting, Jon Crooke, Operations Director of Southern Water said, “Our agreement with Eurofins to provide testing and sampling services ensures that Southern Water can focus on its core business and secure efficiency gains and cost savings which will benefit customers. Both Southern Water and our external analytical services customers will continue to enjoy high quality analytical support provided by experienced people working for a specialist international testing services group”.
John Rowley, Managing Director of Eurofins Environmental Services Ltd said, “Our agreement with Southern Water represents an important and substantial step in Eurofins’ strategic development in the United Kingdom. Building on our existing environmental activities in the UK and Continental Europe, we look forward to providing Southern Water and its external analytical services customers with access to efficient, industry-leading analytical support and the expertise and resources available across our international laboratory network”.
For further information please contact:
Tel.: +32-2-769 7383
Notes for the editor:
Eurofins - a global leader in bio-analysis
Eurofins Scientific is a life sciences company operating internationally to provide a comprehensive range of analytical testing services to clients from a wide range of industries including the pharmaceutical, food and environmental sectors.
With over 5,000 staff in more than 90 laboratories across 24 countries, Eurofins offers a portfolio of over 15,000 reliable analytical methods for evaluating the authenticity, origin, safety, identity, composition and purity of biological substances and products. The Group is committed to providing its customers with high quality services, accurate results in time and expert advice by our highly qualified staff.
The Eurofins Group is one of the global market leaders in this field of applied life sciences. It intends to pursue its dynamic growth strategy and expand both its technology portfolio and its geographic reach. Through R&D, in-licensing and acquisitions, the Group draws on the latest developments in the field of biotechnology to offer its clients unique analytical solutions and the most comprehensive range of testing methods.
As one of the most innovative and quality oriented international players in its industry, Eurofins is ideally positioned to support its clients' increasingly stringent quality and safety standards and the demands of regulatory authorities around the world.
The shares of Eurofins Scientific are listed on the Euronext exchange in Paris (ISIN FR0000038259) and the Frankfurt (WKN 910251) Stock Exchange (Reuters EUFI.LN, Bloomberg ERF FP, ESF, EUFI.DE).
About Southern Water
Southern Water is responsible for delivering clean, fresh water to more than one million households in the South East of England while also treating and recycling dirty water from nearly two million households.
Southern Water operates approximately 104 water supply works collecting and cleaning water before it is used and 390 wastewater treatment works treating water so that it can be returned to the environment. Southern Water’s turnover was £541.5 million for the year ending March 2006.
This press release contains forward-looking statements and estimates that involve risks and uncertainties. The forward-looking statements and estimates contained herein represent the judgement of Eurofins Scientific as of the date of this release. These forward-looking statements are not guarantees for future performance, and the forward-looking events discussed in this release may not occur. Eurofins Scientific disclaims any intent or obligation to update any of these forward-looking statements and estimates. All statements and estimates are made based on the data available to the Company as of the date of publication, but no guarantee can be made as to their validity.
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