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EY advises Medfiles on selling its Laboratory Division to Eurofins

Medfiles Ltd, a renowned contract research organization in Finland, announced the successful completion of the sale of its R&D and Analytical service business to Eurofins BioPharma Product Testing Finland Oy, effective as of 28 February 2025.

The strategic transaction signifies Medfiles' commitment to enhancing its focus on core services, including Regulatory Affairs, Pharmacovigilance, and Clinical Study services, while ensuring that its laboratory operations continue to flourish under Eurofins' esteemed leadership.

 

"We believe this move will benefit our clients by providing them with access to an even broader range of high-quality analysis and testing services provided by the broader Eurofins network of laboratories," commented Mirja Savolainen, Managing Director of Eurofins BioPharma Product Testing Finland Oy.

 

EY Corporate Finance acted as Medfiles’ exclusive financial adviser and EY Law as Medfiles’ legal counsel in the transaction.

 

Contact details for more information:

 

Ollipekka Kotkajuuri

Associate Partner, Corporate Finance

ollipekka.kotkajuuri@fi.ey.com

+358 50 464 2599

 

Tommy Holmström

Director, Transaction Law and Sustainability

tommy.holmstrom@fi.ey.com

+358 40 521 6095

 

More information can be found on Medfiles press release.

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