FoodChain ID, a Fairfield, Va.-based portfolio company of Paine Schwartz Partners, LLC, acquired Diversified Laboratories, LLC, Chantilly, Va., to create what is said to be the most comprehensive contaminants testing solutions offerings.
Diversified is a USDA-accredited and ISO 17025-certified laboratory specializing in the rapid detection and reporting of more than 600 types of pesticides, polychlorinated biphenyls (PCBs), dioxins, antibiotics, mycotoxins and other chemical contaminants in human food and animal feed products. Diversified's state-of-the-art facility is dubbed the only independent laboratory in the United States that is USDA-accredited for chlorinated hydrocarbons and PCB testing.
“The acquisition of Diversified enables FoodChain ID to provide a more comprehensive contaminants testing solution while offering our customers industry leading turnaround times,” says Brad Riemenapp, chief executive officer of FoodChain ID. “Diversified brings a complementary set of expertise and capabilities that expand our market-leading portfolio of broader technology-enabled solutions and accelerates FoodChain ID’s strategic innovation initiatives. We look forward to working closely with Peter and his team to serve customers and drive growth in the new food economy.”
“We believe the combination with FoodChain ID will enable us to expand our customer base globally, develop new testing methodologies and enhance our technical capabilities,” adds Peter Kendrick, chief executive officer of Diversified Laboratories. “As part of FoodChain ID, we will be able to offer testing solutions across the food supply chain, and will offer services that are even more comprehensive to our customers. I want to thank our employees for their commitment to innovation and hard work over the last 40-plus years, which has helped us get to where we are today. We are excited about the opportunities we see with FoodChain ID to grow our business and build on our record of serving our customers.”