Eastern Analytical, Inc. of Concord, New Hampshire (“Eastern Analytical”) announced that it has been acquired by Eurofins Scientific (“Eurofins”). Founded in 1980, Eastern Analytical is an accredited environmental laboratory in all New England states providing various analyses and testing on environmental samples, including soil, water, and air. Operating from its state-of-the-art laboratory, Eastern Analytical’s field services division also provides sample collection services and direct-push drilling services throughout New England.
I was confident that Atlantic Management would be the ideal partner to guide us through the strategic transition
Michael Swett, Chief Executive Officer of Eastern Analytical
The acquisition of Eastern Analytical will strengthen Eurofins’ presence in the Environmental Testing industry in the New England market. Eastern Analytical’ s extensive laboratory and field services offerings will allow for further market penetration for Eurofins in the Northeast. By merging Eastern Analytical’s and Eurofins’ shared commitment to prompt delivery of test results and exceptional subject matter expertise, this business combination will create a more robust service offering benefiting all customers.
Michael Swett, Chief Executive Officer of Eastern Analytical, has joined Eurofins as Business Unit Manager, playing a key role in driving the combined entity’s future expansion and success.
“With a long-standing relationship with Atlantic Management Company and a renewed partnership with their current Managing Director, Brady Finney, I was confident that Atlantic Management would be the ideal partner to guide us through the strategic transition of Eastern Analytical, Inc. The Atlantic team served as our lead advisor, guiding us through every step of the process—from initial planning and positioning to negotiation and final agreement. Their comprehensive approach ensured that we found a buyer who not only aligned with our core values, philosophy, and commitment to our employees but also recognized the historical value and goodwill of Eastern Analytical.
Thanks to Atlantic’s strategic guidance and advocacy, we were able to secure Eurofins Environmental Testing Group as the new owners—an organization that shares our dedication to maintaining the philosophy, culture, and high-quality service that our clients expect, while also offering expanded capabilities and opportunities. We sincerely thank our customers for their partnership, commitment, and loyalty over the years and look forward to continuing to serve their analytical needs as part of the Eurofins family.”
Eurofins Scientific is a global leader in food, environment, pharmaceutical and cosmetic product testing, discovery pharmacology, forensics, advanced material sciences, and in agroscience Contract Research services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics and in the support of clinical studies, as well as in BioPharma Contract Development and Manufacturing. With over 62,000 staff and operating over 900 laboratories in 62 countries, Eurofins is dedicated to providing its customers with high-quality and innovative services, accurate results on time and expert advice from its highly qualified staff. Eurofins is committed to pursuing its dynamic growth strategy by expanding both its technology portfolio and its geographic reach. Through R&D and acquisitions, Eurofins draws on the latest developments in the field of biotechnology and analytical chemistry to offer its clients unique analytical solutions and a very large range of testing methods.
“We are thrilled to announce the successful completion of this acquisition. This business combination is a testament to the like-minded philosophy of both companies, prioritizing the needs of customers and delivering exceptional value, all while fostering a positive and innovative work environment. We look forward to witnessing the bright future ahead,” said Cory Melnick, of Atlantic Management Company, who acted as lead advisor for Eastern Analytical in this transaction.
Atlantic Management Company (https://www.atlantic-mgmt.com) is a Portsmouth, NH and New Orleans, LA based financial and transaction advisory firm that provides business valuation, ESOP and merger and acquisition services for privately owned middle market companies. Our 56-year history is reflected in our experienced professional staff and diverse client list, which includes virtually every industry from manufacturing to emerging high-tech disciplines, as well as retail, wholesale and business services.
