Mérieux NutriSciences has acquired an equity position in Inspection, Diagnosis and Analysis Lab Company (IDAC), which provides food testing services in the Kingdom of Saudi Arabia.
IDAC operates a 30,000m² site and can perform 1,600 different tests in 13 laboratories.
It is the only laboratory in the region to comply with internationally recognized accreditations IAS ISO 17025, SAC ISO 17025 and ISO 9001.
“This joint venture investment is in line with our strategic goal to further spread our expertise and know-how, and offer a global qualitative service to our customers,” said Philippe Sans, president and CEO of Mérieux NutriSciences.
“Our trusted relationship with IDAC provides the solid foundation for Mérieux NutriSciences’ extension into the Middle East.”
Pending approval from the Saudi Arabian General Investment Authority (SAGIA), the joint venture will operate under the name "IDAC Silliker.
“IDAC Silliker will provide the full range of testing, inspection and certification services to manufacturers, retailers and restaurants,” said Haitham Altraif, CEO of IDAC.
“IDAC Silliker will become an important player in the food industry in Saudi Arabia that further enables the production of high quality, safe food.”