LGC Acquires BRC Global Standards
LONDON, November 24, 2016
Today, LGC announced that it has completed the acquisition of BRC Global Standards, the world’s largest provider of safety and quality Standards programmes for food and non-food manufacture, packaging, storage, distribution and retail based in London. The acquisition marks the next stage in BRC Global Standards’ strategic transition from being a Standards owner to a brand and consumer protection organisation, with a range of products and services to help its customers deal with the challenges of producing safe, high quality products for the end consumer on a global basis.
BRC Global Standards’ written Standards across food safety, packaging, storage & distribution, agents & brokers, consumer products and retail underpin the achievement of consistent quality, safety and operational standards throughout the supply chain, providing protection for the end consumer. Compliance with BRC Global Standards is now often a fundamental requirement of leading retailers, manufacturers and quick service restaurants.
Euan O’Sullivan, Managing Director of LGC’s Standards Division, said: “We are delighted to be adding BRC Global Standards to our Standards division. BRC Global Standards is a globally recognised and respected brand and its capabilities are highly complementary to LGC’s existing strengths across reference standards, proficiency testing and sports supplements supply chain assurance. We look forward to working with BRC Global Standards’ Management to continue internationalising the business while developing new and innovative solutions to meet our customers’ needs.”
Commenting on the acquisition Mark Proctor, CEO of BRC Global Standards said: “We are delighted to have LGC as the new owner of our business since it has an international presence to support our growth plans and a customer base who will benefit from our services. This investment will also enable us to save more lives by expanding our product offering and cementing our position as a recognised global leader in consumer and brand protection solutions”
The investment will fuel international growth planned by BRC Global Standards over the next five years to add to its existing presence in the UK, India and US; enable investigation of wider consumer and brand protection solutions including health and safety, predictive analytics and ethical trading; and underpin planned investment in IT development to enable real time business intelligence for supply chains. The same successful management team who have grown the company into the thriving international business it is today will lead this transition.
BRC Global Standards has historically been developed as a division of the British Retail Consortium (BRC), which remains a minority shareholder in the business going forwards. Their programme is used by over 24,000 certificated suppliers in 130 countries, with certification issued through a worldwide network of accredited certification bodies. BRC will have a seat on BRC Global Standards’ Board to ensure continuity and stability for customers and specifiers.
LGC’s Standards division is a leading manufacturer and distributor of reference materials, clinical calibration and verification materials and proficiency testing schemes, supporting customers worldwide with their quality assurance requirements.