AQM joins Eurofins | A stepping stone into Consumer Product Assurance
Eurofins Consumer Products Testing (CPT) is proud to announce the acquisition of AQM.
This acquisition provides a relevant, comprehensive range of product inspections and factory audit services in EMEA and Asia, significantly contributing to Eurofins’ continued growth plans and expansion into new fields and adjacent markets.
<<As a result of this operation, Eurofins strengthens its position as a leading company in the Textile and Leather sector, now offering the widest service portfolios covering the Global Supply Chain of retailers, brand owners and manufacturers>> explains Stéphane Barrau, VP Eurofins Consumer Product Testing.
Benoit Aubet, AQM Managing Director, comments: <<The combination of Eurofins CPT and AQM will enable both organisations to expand their service offerings within the Textile & Leather industries, where both companies stand out for their respective expertise. AQM, historically focused on helping customers to deploy responsible sourcing while assuring product quality, will now with the additional support of Eurofins CPT, continue to provide high level inspection and audit services with a wider scope and a more extended geographic coverage.>>
The company will hereinafter be referred to as “Eurofins | AQM ”.
Established in 2005 in France, prior to moving to Shanghai in 2007, and in continuous expansion ever since, AQM has established a significant reputation for excellence in inspection and audits, Corporate Social Responsibility and Brand protection, mostly in Asia (China, Cambodia, Vietnam, Myanmar, India, Bangladesh, Pakistan), but also in EMEA (Europe, Turkey, Tunisia, Morocco and Ethiopia).
Among other CSR initiatives, AQM is accredited by ICS and amfori-BSCI, partnering with some of the world-class brands on their social and environmental responsibility programs.
AQM employs 280 highly skilled staff, of which over 30 social and environmental auditors and 200 specialized inspectors.
The company generated revenues of over 6 million € in 2018.
Eurofins Scientific is an international group of laboratories headquartered in Luxembourg, providing testing and support services to the pharmaceutical, food, environmental, agroscience and consumer products industries, among other.
The Group is one of the international leaders in the provision of testing services with a network of more than 800 laboratories across 47 countries. Through research and development, in-licensing and acquisitions, the Group draws on the latest developments in every industry it serves, while helping corporations to deliver safe and compliant products through responsible and sustainable sourcing practices.