Tata Capital Investment Banking advises Spectro Analytical Labs Ltd., a leading Indian environment and analytical product testing and inspection company, on its sale to Eurofins Scientific SE, a global leader in bioanalytical testing.

Headquarterd in New Delhi, India, Spectro offers a complete range of testing services and is accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). Founded over 22 years ago, Spectro has steadily achieved strong growth to become India’s leading environment and analytical laboratory with operations across the country, catering to more than 8,000 customers. The company operates five state-of-the-art laboratories in India and employs close to 450 staff.

Headquartered in Luxembourg, listed Eurofins is the world leader in food, environment and pharmaceutical products testing and also one of the global independent market leaders in testing and laboratory services for agroscience, genomics, discovery pharmacology and for supporting clinical studies. The Group employs over 30,000 staff in 400 laboratories across 41 countries, generating revenus of more than US$ 3bn.