SYDNEY, AUSTRALIA: ALS Limited (ASX: ALQ) has announced the acquisition of the remaining 51% stake in Nuvisan Pharma Holding GmbH, a leading European contract research organization (CRO). The acquisition, which includes Nuvisan GmbH and Innovation Campus Berlin (ICB), comes at no additional cost and is set to take effect on March 31, 2024, for financial…
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ALS Limited appoints Malcolm Deane as CEO and Managing Director
SYDNEY, AUSTRALIA: ALS Limited has today announced that following a comprehensive global search and selection process, the Board has appointed Malcolm Deane as the Managing Director and CEO, effective immediately. ALS Chairman, Bruce Phillips, said, “The Board’s approach of continuous CEO succession planning over the last few years, involving the consideration of both internal and…
ALS Limited buys 49% shares in NUVISAN for EUR 145 million
SYDNEY, AUSTRALIA: ALS Limited has bought an initial 49% shares in NUVISAN, a pharmaceutical testing business with operations in Germany and France, a news release said. ALS will initially acquire 49% of the equity in NUVISAN for consideration of EUR145 million. There is an exclusive ‘call’ option to acquire the remaining equity from 1 January…
ALS Limited announces acquisition of Americas-based Investiga
SYDNEY: ALS Limited announced the acquisition of Investiga, a pharmaceutical testing business with operations in Brazil and the east coast of the USA. Founded in 1993, Investiga is privately owned with 360 employees and generated AUD ~$20m of revenue in FY20. It specialises in the cosmetic and personal care market, providing services to a portfolio…
ALS Limited
ALS Limited (ASX: ALQ) is a company headquartered in Brisbane, Australia, which provides testing, inspection, certification, and verification services out of over 370 sites across 65 countries. In 2012, the company was inducted into the Queensland Business Leaders Hall of Fame. Traded as: ASX: ALQ Industry: Testing Services Founded: 1863 Headquarters: Brisbane, Australia Services: Testing,…