ALS (ASX:ALQ) set to acquire Investiga - Sequoia Direct Pty Ltd

08MarMarch 8, 2021

ALS (ASX:ALQ) set to acquire Investiga

Global inspection business ALS (ASX:ALQ) today announced the acquisition of Investiga, a pharmaceutical testing business in Brazil and the USA.

Founded in 1993, Investiga is privately owned with 360 employees and generated $20 million of revenue in FY20.

It specialises in the cosmetic and personal care market.

Investiga will be integrated into the existing ALS Life Sciences network with a particular focus on growing in the USA, which represents over a quarter of the global market.

Shares in ALS (ASX:ALQ) are trading 3.79 per cent higher at $9.85.

Copyright 2021 – Finance News Network

Source: Finance News Network

Related Posts

26MarMarch 26, 2024

Stocks of the Hour: IRIS Metals, Centaurus Metals, Titomic

26 Mar 2024 - A snapshot of the stocks on the move, featuring IRIS Metals (ASX:IR1), Centaurus Metals (ASX:CTM) and Titomic (ASX:TTT).

11JunJune 11, 2020

IGO (ASX:IGO) to start ground activities in the West Kimberley JV

11 Jun 2020 - IGO’s (ASX:IGO) field program with Buxton Resources (ASX:BUX) for the West Kimberley JV 2020 field season is expected to commence with on ground activities in early July.

01AugAugust 1, 2021

Stocks of the Hour: NAB, Origin Energy & PointsBet

30 July 2021 - A snapshot of some of the news that broke today, featuring NAB (ASX:NAB), Origin Energy (ASX:ORG) & PointsBet (ASX:PBH).

12FebFebruary 12, 2020

ELMO (ASX:ELO) agrees to buy Vocam

12 Feb 2020 - ELMO (ASX:ELO) has executed a binding sale agreement to purchase 100 per cent of the shares in Vocam group entities.

22MarMarch 22, 2021

Telstra (ASX:TLS) plans biggest restructuring since 1997

22 Mar 2021 - Telco giant Telstra (ASX:TLS) is planning the most comprehensive restructuring program since the company’s privatisation in 1997.

29DecDecember 29, 2020

Pacific Current Group (ASX:PAC) to invest in Astarte Capital Partners

29 Dec 2020 - Asset management firm Pacific Current Group (ASX:PAC) has entered into an agreement to purchase a minority stake in Astarte Capital Partners LLP.

22MayMay 22, 2020

Wesfarmers’ (ASX:WES) Kmart Group’s $480 million writedown

22 May 2020 - Wesfarmers (ASX:WES) will make drastic changes to its under performing Target retailer.

18NovNovember 18, 2022

Stocks of the Hour: Estrella Resources, BHP Group, Elixir Energy

18 Nov 2022 - A snapshot of the stocks on the move featuring Estrella Resources (ASX:ESR), BHP Group (ASX:BHP) and Elixir Energy (ASX:EXR).

07JulJuly 7, 2020

Afterpay (ASX:APT) is set to expand into Canada

07 Jul 2020 - Afterpay’s (ASX:APT) trading update for the three month period ended 30 June 2020 shows strong performance delivering underlying sales of $11.1 billion in FY20, more than doubling the prior corresponding period, up 112 per cent.

06AugAugust 6, 2020

The Scentre Group (ASX:SCG) expectd net operating cashflow “in excess” of $250m

06 Aug 2020 - The Scentre Group (ASX:SCG) expects at its August 25th earnings announcement to report net operating cashflow after interest, overheads and tax "in excess" of $250 million for the year to June.