Agroisolab UK Ltd (AIL UK), an expert team leading the development of international projects verifying the origin of food, drink, timber, and protected species using stable isotope analysis and other laboratory-based authentication technologies, has been acquired by Source Certain International Limited, an Australian company specialising in advanced forensic traceability technologies.
Agroisolab UK, based in Malton, North Yorkshire, is known for setting up projects for retailers including detecting wine fraud and authenticating organic food, such as eggs, vegetables and grain products.
The acquisition by Source Certain International Limited represents a significant milestone in the latter’s global expansion strategy, bringing in a UK-based operation with experienced technical personnel and specialised scientific solutions.
Roger Young, CEO of Agroisolab UK, will assume the role of CEO of Source Certain UK. Commenting on the acquisition, he said: “I am excited to be joining the Source Certain team.
“I can see so much opportunity in leveraging the AIL UK experience including the exciting opportunity of introducing our customers to Source Certain’s capabilities, reputation, and experience. Now it’s back to work as new regulations are imminent that require more due diligence and verification of origin.”
Two York firms, Clive Owen LLP and Andrew Jackson Solicitors LLP, played an integral role in facilitating the acquisition.
Michael Cantwell, Corporate Finance Partner at Clive Owen LLP, said: “This was a fascinating deal to work on, given the cutting-edge technology and the potential for significant growth in the sector. We are delighted to have facilitated this strategic deal which is a testament to the expertise of our York office and our ability to work in a global, cross-border market.”
Susie Mortonson, Corporate Partner at Andrew Jackson Solicitors LLP, who led the legal team advising Agroisolab, added: “Having personally worked with the Agroisolab team for over a decade, it was a real delight to see this deal come to fruition for the company. It has been such a pleasure to work with Roger and his team over the years and I am really excited to see what the future holds for them, working in partnership with Source Certain.
“Working together with the team at Clive Owen LLP on the transaction ensured a smooth process and successful outcome for all parties involved.”
