LabCorp sells its food supply chain group for $670m in cash
Story Date: 5/1/2018

 

Source: WRAL TECHWIRE, 4/30/18

Global life sciences firm LabCorp is selling its Covance Food Solutions Group to Eurofins Scientific in a deal valued at $670 million in cash. LabCorp, which is based in Burlington with a growing preesence in the Triangle, acquired the food group as part of its deal to acquire Covance for some $6 billion in 2015.

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