On March 25, WESSLING Holding GmbH & Co. KG signed a contract to transfer ownership of the Australian listed company ALS Limited (ALS). The Federal Cartel Office and the responsible ministries for investment control in Germany and France must now approve the implementation of the transaction. This is expected to take between 45 and 60 days.
The WESSLING Group is an international company that specializes in analytics, testing and consulting. With 1,200 employees at 22 locations in Europe and China, the WESSLING Group offers expertise in engineering services, environmental and agricultural analysis as well as analysis of food, consumer products, cosmetics, and pharmaceuticals.
Since today's dynamic market environment requires significant investments, the WESSLING shareholders have decided to step aside and find a new owner for the family business who will increase the company's growth in the long term. This new owner is the ALS group.
ALS Limited has extensive global experience and a long history in the testing business. This represents a great opportunity for WESSLING to continue working in the quality testing sector and provide added value to customers. In addition, ALS and WESSLING share very similar corporate values, which was an important aspect in choosing ALS. Likewise, the reputation of WESSLING for quality and service aligns with the commitment of ALS to a customer-centric approach.
When the change of ownership takes place in a few weeks, ALS and WESSLING will work together towards a smooth transition for customers, employees, suppliers, and other stakeholders. The quality services and reliability that our customers have come to expect from us will be maintained.
About ALS Limited
ALS is a global analytical testing, inspection and laboratory certification provider based in Brisbane, Australia. The company has more than 18,000 employees at over 450 locations in around 70 countries, operates test centres worldwide and offers services particularly for the pharmaceutical and healthcare industries.
By using state-of-the-art technology and innovative methods – coupled with the strength of international teams – the company ensures to deliver the highest quality services with local expertise and personalised solutions.