French testing group Eurofins scouts for acquisitions in Asia
French diagnostic and testing group Eurofins is scouting for acquisitions in Asia and the field of genetic diagnostics as it seeks new opportunities after a pandemic-related sales boom.
“The most interesting market is Asia,” said chief executive Gilles Martin. “Access to tests is not very developed there yet.”
Boosted by a worldwide surge in testing, Eurofins entered France’s CAC40 index last year. But as the pandemic receded, it was hit by falling demand as governments scrapped health and travel restrictions.
This story originally appeared on: Financial Times - Author:Akila Quinio
