Thames Valley: Cawood acquires Swiss CRO IES
Independent scientific group Cawood has acquired Swiss CRO business Innovative Environmental Services (IES), adding one more contract research organisation to its roster of businesses.
Based in Switzerland, Innovative Environmental Services (IES) is an independent, GLP-certified CRO specialising in environmental fate, animal and crop metabolism, aquatic and terrestrial ecotoxicology, and analytical chemistry testing. Its services support the development, registration and stewardship of pharmaceuticals, agrochemicals, biocides and chemical products.
The addition of IES to Cawood triples the size of the company’s research business unit. The additional capabilities and capacity for safety testing complement the unit’s existing efficacy and safety testing services. The group’s expansion into six countries opens up larger European, Asian, and American markets. Customers worldwide will now be able to source the vast majority of their contract research requirements from Cawood.
This is the third in a series of acquisition for Cawood in 2021, having acquired i2L Research, including its divisions in Spain, the US and the Czech Republic in July, and The Environmental Laboratory Ltd (ELAB) earlier this year.
Simon Parrington, Group Chief Executive Officer of Cawood said: "This acquisition is another important step towards our vision of becoming the global partner of choice for value-added analytical testing, monitoring, research and insight. With the recent addition of i2L Research and now IES Ltd alongside our existing Mambo-Tox business, our Research business unit is able to meet a wider proportion of our customers’ needs for regulatory studies and contract research.
"Part of our strategy for 2021 is to continue expanding our research capacity. As our third acquisition of the year, IES Ltd has enabled us to do just that."
Simon Parrington, Group Chief Executive Officer of Cawood
About Cawood
Formed in 2006, Cawood is an independent scientific group based in Bracknell. It provides independent laboratory analysis for the agriculture, food, infrastructure and environmental sectors, as well as contract research to GLP standards to support the development of agrochemicals, biocides and other chemicals. With a turnover of over £40 million, the group employs 500 colleagues across nine sites and completes almost ten million analytical tests every year.
About Innovative Environmental Services
Established in 2008 and based near Basel, Switzerland, IES is a GLP-certified CRO specialising in environmental fate, aquatic and terrestrial ecotoxicology, animal and crop metabolism, and analytical chemistry testing.
