Current press releases

In April 2004, LGV completed the acquisition of LGC, Europe´s leading independent provider of advanced analytical and diagnostic services.

LGC was privatised in 1996, since when the management team has been successful in the development of the business, both organically and through acquisition, increasing its turnover from £15m to £52m and achieving a ten-fold increase in profit.

LGC fulfils the role of the UK´s national measurement laboratory for chemical and biochemical analysis. In addition to this, it provides analytical and diagnostic services to a diverse range of end markets with clients in the public and private sectors, together with the distribution of analytical and biological reference standards across Europe.

LGC’s laboratories are amongst the most advanced analytical facilities in Europe. They provide a complex range of testing services that include BSE testing, the genotyping of sheep to eradicate scrapie, and food quality analysis. One of the company’s fastest growing areas is DNA-based diagnostic services, which includes forensic investigations for police forces. DNA testing is becoming of increasing importance as a source of evidence and is an area in which LGC is gaining market share.

Penetration of core testing technology into new markets together with expansion across Europe typifies LGC´s strategy for growth. This will be complemented by the continued expansion of the geographical reach of reference materials, to meet the increasing demand throughout Europe for high quality reference standards and biomaterials.

LGV is looking forward to supporting management in the continued development and growth of the business across Europe both organically and through selective acquisitions.