ALS Limited Announced the Acquisition of ‘Aquimisa’

ALS Limited (ASX: ALQ) has announced the acquisition of the leading independent food testing business in Southern Europe, Aquimisa Group which has national coverage across Spain & regional labs in Portugal and Brazil.

The acquisition of Aquimisa Group line up with the acquisition strategy of the company with a focus on food as well as pharmaceutical opportunities in major global markets. Further, the acquisition would also help the company in the 2022 strategic plan of developing non-cyclical businesses within the Group.

The acquisition was funded through the existing debt facilities within the group.

 

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