Mérieux NutriSciences Corp. has acquired an equity position in Inspection, Diagnosis, and Analysis Lab Co. (IDAC), a market leader for food testing services 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 will develop, around the current analytical capabilities of IDAC, a range of solutions for clients in the food industry. Founded in 2003 and located in Riyadh, IDAC is privately-held by the Saudi firm, Arabian Agricultural Services Co. (Arasco). IDAC operates a 30,000-sq-m site, performing over 1,600 different tests in 13 specialized laboratories. 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, said Philippe Sans, President and CEO of Mérieux NutriSciences.