Silliker acquires Portuguese company EGI

March 6, 2008

Silliker, a leader in the field of food safety and quality services, announced today that it has acquired 80% of the Portuguese company EGI, specializing in food microbiology testing, a strategic activity for Silliker.

Founded in 1992 and located in Porto, the second largest city in Portugal, EGI is a privately held company, employs 45 people, and is recognized as the country’s leading food testing and technical consulting laboratory. From its state-of-the-art facility, EGI serves many of the nation’s major food companies and retailers.

Under terms of the acquisition, Fatima Castro and Joaquim Neves, two of the laboratory’s original founders, will continue in their roles of Managing Director and member of the Board respectively, at the newly renamed company – Silliker Portugal.

This acquisition will also enable Silliker to reinforce and expand its international network with an increased presence in the Iberian Peninsula.
“"Our strategic ambition is to become the undisputed world-leader in food safety and quality services. The acquisition is one more step towards our goal. EGI brings us not only new laboratory capabilities, but also a team with an expertise that will help us to better satisfy our customers’ needs,” said Philippe Sans, President and CEO of Silliker.

“During negotiations with the EGI management team, it was evident that we shared common values and a strategic vision. We shared a commitment above all, to excellence in quality and customer satisfaction. This will foster a seamless integration and enable us to provide our clients with the highest levels of quality, customer service and technical support from day one,” he added.

The complementary expertise and capabilities of Silliker Portugal and Silliker Iberia, based in Barcelona, will ensure full testing and consulting services for regional retailers, processors, and foodservice companies.