It bought Analitus Análises Biotecnológicas (Analitus) for an undisclosed amount.
The Paine Schwartz Partners LLC portfolio company declined to answer any of our questions.
Guilherme Thomazi, general director of Analitus, will continue to lead the business as general manager of testing services of Analitus under Global ID.
Thomazi said it will help business in Brazil, Latin America and around the world.
“We believe this transaction provides a great opportunity for our employees and will enable us to better serve our customers as we continue working to achieve our mission as part of Global ID.”
Established in 2013 following a spin-off from EcoCerta Laboratory, Analitus brings a Brazilian and Latin American-focused offering of testing and analytic capabilities for allergens, species-specific animal detection, GMOs, pesticides, mycotoxins, residues and contaminants.
Global ID said addition of Analitus’ employees, technology and R&D capabilities will help make it a ‘one-stop shop’ for food testing and certification services.
Ken Ross, CEO of Global ID said the acquisition expands Global ID’s international presence as the demand for food safety and quality continues to increase.
“We know the Analitus team well, having partnered with them in Brazil for more than five years," he said.
“We see significant growth potential in this combination and the opportunity to further differentiate ourselves, driven by complementary service offerings and synergy with our existing Brazil and Latin American businesses.”