In an exciting move, Symbio Laboratories Pty Ltd has today announced the acquisition of Food Laboratories (Australia) Pty Ltd, a Melbourne based laboratory serving the dairy and other food industries in microbiological and chemical analysis.
Chief Executive Officer of Symbio Laboratories, David Phillips explained the acquisition was part of a five year strategic plan, with Food Laboratories an important element for expanding operations in Victoria.
“Food Laboratories has operated continuously for over 80 years to support and assist a variety of food manufacturing companies,” Mr Phillips said. “They are well established and respected with a high level of quality service which fitted with our own business model.”
Like Food Laboratories, Symbio Laboratories is privately owned, with the owners and Directors working in the business in day to day roles. This was an important consideration taken by the Directors in Food Laboratories in their decision to sell the business to Symbio Laboratories.
This latest acquisition brings the number of Symbio Laboratories sites to seven (7). Brisbane, Abbotsford (Melbourne), Brooklyn (Melbourne), Sydney, Rockhampton, Wagga Wagga and China.
Symbio will continue to operate from the Abbotsford and Brooklyn sites for at least 24 months, with plans ultimately to combine both sites into a single purpose-built facility. In the meantime, both Melbourne labs will work together to continue to provide clients with the service they expect.
With a broader scope, existing customers will enjoy a one-stop-shop for their testing needs as well as having access to new laboratory services.
“Clients will definitely benefit from our state of the art IT systems, managed by our in-house team of experts, including our on-line eResults,” Mr Phillips said.
Food Laboratories and Symbio personnel will be in contact with customers over the coming weeks for an update. For clients of Food Laboratories, there will be minimal impact to day-to-day services with sample collection and testing to continue as it always has done. Importantly, clients will still have familiar faces as their point of contact, as Food Laboratories staff will transfer across in similar roles.
For media enquiries, contact David Phillips CEO of Symbio Laboratories on (07) 3340 5700