02.25.14
Mérieux NutriSciences Corporation, Chicago, IL, has acquired an equity position in Inspection, Diagnosis and Analysis Lab Company (IDAC), a food testing firm in the Kingdom of Saudi Arabia.
Pending approval from the Saudi Arabian General Investment Authority (SAGIA), the joint venture will ultimately operate under the new brand name "IDAC Silliker” and grow its service portfolio to meet rising demand from clients that face increased challenges in food safety and quality. Silliker is the Food safety division of Mérieux NutriSciences.
Together IDAC and Mérieux NutriSciences plan to develop, around the current analytical capabilities of IDAC, a comprehensive range of solutions for clients in the food industry.
IDAC is privately-held by the Saudi firm, Arabian Agricultural Services Company (Arasco). IDAC operates a 30,000-m² site, performing over 1,600 different tests in 13 specialized laboratories. It is well rooted locally with the nationally recognized Certificate of Accreditation from the Saudi Ministry of Agriculture, and the Certificate of accreditation from the Saudi Ministry of Commerce and Industry. Moreover, IDAC is the only laboratory in the region to comply with internationally recognized accreditations such as IAS ISO 17025, SAC ISO 17025 and ISO 9001.
“This joint venture investment is in line with our strategic goal to further spread our expertise and know-how, and offer a global qualitative service to our customers. Our trusted relationship with IDAC provides the solid foundation for Mérieux NutriSciences’ extension into the Middle East. Mérieux NutriSciences will bring all its expertise and support to strengthen the already very dynamic IDAC,” stated Philippe Sans, president and CEO of Mérieux NutriSciences.
Pending approval from the Saudi Arabian General Investment Authority (SAGIA), the joint venture will ultimately operate under the new brand name "IDAC Silliker” and grow its service portfolio to meet rising demand from clients that face increased challenges in food safety and quality. Silliker is the Food safety division of Mérieux NutriSciences.
Together IDAC and Mérieux NutriSciences plan to develop, around the current analytical capabilities of IDAC, a comprehensive range of solutions for clients in the food industry.
IDAC is privately-held by the Saudi firm, Arabian Agricultural Services Company (Arasco). IDAC operates a 30,000-m² site, performing over 1,600 different tests in 13 specialized laboratories. It is well rooted locally with the nationally recognized Certificate of Accreditation from the Saudi Ministry of Agriculture, and the Certificate of accreditation from the Saudi Ministry of Commerce and Industry. Moreover, IDAC is the only laboratory in the region to comply with internationally recognized accreditations such as IAS ISO 17025, SAC ISO 17025 and ISO 9001.
“This joint venture investment is in line with our strategic goal to further spread our expertise and know-how, and offer a global qualitative service to our customers. Our trusted relationship with IDAC provides the solid foundation for Mérieux NutriSciences’ extension into the Middle East. Mérieux NutriSciences will bring all its expertise and support to strengthen the already very dynamic IDAC,” stated Philippe Sans, president and CEO of Mérieux NutriSciences.