Cork firm J.W. O’Donovan advises on US acquisition of Kildare food safety firm

Cork firm J.W. O'Donovan advises on US acquisition of Kildare food safety firm

Four partners at Cork firm J.W. O’Donovan Solicitors recently advised on the sale of a majority holding in Advanced Laboratory Testing (ALT) to Mérieux NutriSciences.

Partners John Sheehan, John Fuller, David Pearson and Ciara McDonnell advised on the transaction, which saw US-headquartered Mérieux acquire 75 per cent of the shares of Kildare-based ALT.

Advanced Laboratory Testing has 92 employees and generated sales in excess of €7 million in 2018 with continued very strong double-digit growth year-on-year.

Mérieux’s acquisition marks the company’s entry into the Irish food safety market. The announcement is a continuation of a trend seen in the last two years of companies based on mainland Europe purchasing entities in Ireland for the purpose of expansion.

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