Market entry in Spain: GBA Group expands European laboratory network in the food sector
Hamburg/Murcia, May 2nd, 2022. With the acquisition of the Spanish laboratory group Laboratorio Químico Microbiológico S.L. (LQM), GBA Group is expanding its European laboratory network in the food sector. The entry into one of Europe's most important food markets underscores GBA Group's commitment to supporting local and international customers with expertise and a high level of service directly in key source and sales markets.
LQM was founded in Murcia in 1981 and has since established itself in Spain as one of the leading laboratory service providers in the food and environmental sectors. The company employs 70 people at its two sites in Murcia and Seville. The range of services includes microbiological, environmental and classical chemical analysis methods across all food product groups. In addition, LQM enjoys an excellent reputation in the analysis of residues and contaminants due to its outstanding state-of-the-art technical equipment and many years of method development expertise in specialized areas.
Steffen Walter, CEO GBA Group: "With its many years of experience in the field of instrumental analytics and its strong innovative power, the LQM team is an ideal fit for GBA Group's entrepreneurial approach. With LQM, we have found the right partner to gain a foothold in one of Europe's most important food markets and to provide the best possible support to existing and new customers in the joint laboratory network. The team-up with LQM also underlines the attractiveness of the GBA Group as a network for well-positioned laboratory companies."
Ramon Hernandez Madrid, founder of LQM: "We are pleased to continue our successful course of growth over the last years from now on together with the GBA Group. The integration into an international group and the partnership-based entrepreneurial approach of GBA Group opens up additional opportunities for us to exploit market potential and gain new customers."
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