The acquisition aligns with Labquality’s international growth strategy and enables Labquality to grow its business in Sweden and to enter new markets like Norway and Denmark, it states.
“Scandinavian CRO is a great addition to our Labquality family completing our CRO business platform. Now, we are a full service CRO company, and we can continue our geographical expansion and growth. I am very pleased that together with SCRO we share the same passion for quality as we both strive for quality excellence. Moreover, CEO Ulrika Hammarström will contribute to Labquality with her vast and solid leadership experience and knowledge of the CRO business. I look forward to working with her and the SCRO team,” says CEO Juha-Pekka Nuutinen from Labquality.
Particularly, I am extremely happy about the matching company cultures and professional teams of both companies.”
“I am excited to join forces with the Labquality team. I am confident that we will have excellent opportunities to grow and expand our CRO business together in Scandinavia and beyond. Particularly, I am extremely happy about the matching company cultures and professional teams of both companies. Becoming part of Labquality provides us with the opportunity to strengthen our offering and geographic coverage for our customers. Therefore, we will have a solid CRO platform for building future business growth with like-minded CRO professionals,” comments Ulrika Hammarström, the founder and CEO of Scandinavian CRO.
The acquisition does not impact the current customer relationships, partnerships, or personnel of Scandinavian CRO or Labquality, the companies state.
Photo of Ulrika Hammarström: Scandinavian CRO
