# Eurofins Scientific to acquire TestAmerica Environmental Services for $175M

Eurofins Scientific has agreed to acquire TestAmerica Environmental Services LLC from JSTI Group of China for $175 million on a cash-free debt-free basis.

- Type: Acquisition
- Announced: 2018-10-15
- Where: United States
- Value: $175.0M
- Status: announced
- Products: environmental testing services

## Companies

- [Eurofins Scientific](https://endata.com/companies/34905.md) (acquirer)
- [TestAmerica Environmental Services LLC](https://endata.com/companies/34906.md) (target)
- [JSTI Group](https://endata.com/companies/34907.md) (partner)

## Sources

- [ebionline.org](https://ebionline.org/2018/10/15/ebj-news-october-16-2018-testamerica/), 2018-10-15: "Eurofins Scientific has agreed to acquire TestAmerica Environmental Services LLC from JSTI Group of China for $175 million on a cash-free debt-free basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
