How LabCorp's sale of Covance Food Solutions will impact headcounts

Eurofins Scientific, a bioanalytical testing firm based in Luxembourg,  will gain 850 employees from Laboratory Corporation of America Holdings when it acquires the latter's food solutions business for $670 million. LabCorp (NYSE: LH) said Monday it is selling Covance Food Solutions to focus primarily on its health care operations. The business provides laboratory t esting and consulting services for food and beverage products, and became a part of LabCorp when the Burlington-based company acquired…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news