“We are proud to support Normonc since 2020 and to have contributed to its strong growth, says Benjamin Cordonnier, Co-Managing Partner and CEO of Astorg.”
These three acquisitions in the food, sustainable development and health sectors allow Standard to double the size of its potential market.
This is the fifth geographic development of the group since 2020, the valuation of which exceeded 2 billion euros in 2024.
The American TICC market (testing, inspection, certification, compliance) is the most important in the world and remains very fragmented, offering many consolidation opportunities.
The Normalc group, one of the main European providers of testing, inspection, certification and compliance services (“ICCC”), today announces its establishment in the United States thanks to the acquisition of three highly specialized companies in the food, sustainable development and health sectors. Standlec is supported by Astorg, a private equity Pan-European company, a majority shareholder of the group since 2020.
Based in Amsterdam, Standec allows companies to innovate safely, quickly and at a lower cost, in a global ICCC market estimated at 200 billion euros. This announcement marks the Entrance of Normsc on the largest ICCC market in the world. These acquisitions double the size of the potential standard of standardc and strengthen its position as an essential international platform specializing in the sector, with in -depth expertise of the four highly regulated and rapidly growing final markets, namely food, safety of people, sustainable development and health.
This entry into the American market constitutes the fifth successful regional expansion of normc in five years, online with its growth plan. The American TICC market is very fragmented and offers interesting opportunities for additional consolidation. In total, Normac has made more than 85 acquisitions.
The three newly acquired companies are:
- MS BIO (founded in 2018 in Champaign, Illinois): a laboratory specializing in the analysis of food supplements, serving manufacturers and producers of food for food, functional foods and cosmetic products, using, among other things, microbiological analysis methods.
- MJ Reider (founded in 1952 in the Philadelphia region, in Pennsylvania): water analysis laboratory offering a wide range of services, including microbiological, organic and inorganic compounds, PFAS and dioxins.
- Northeast Biolab (founded in 2003 in Hamden, in Connecticut): CLIA certified bioanalysis laboratory which supports companies in the biopharmaceutical sector at all stages of drug development, discovery with clinical trials. Its customers include biotech, laboratories, pharmaceuticals, research institutes and contract research organizations (CRO).
These highly specialized laboratories strengthen normc expertise in the fields of bioanalysis, water quality and nutritional analysts, thus consolidating its position in its four final markets. Standard is now present in Europe and North America, continuing its mission of providing compliance services of excellence in complex and regulated environments.
JEP BUUINS, CEO de Normonc, declares:
“Today’s announcement marks a turning point in the history of Norméc and doubles our potential market. With a valuation of the group now exceeding 2 billion euros, the acquisition of these three companies, each renowned for its in -depth technical expertise, the confidence of its customers and its requirement in terms of quality, offers us a solid seat on the largest world TICC market. We see an ideal opportunity to continue our organic and external growth in the United States and internationally, while continuing the deployment of our growth strategy. ”
Benjamin Cordonnier, Co-Managing Partner and CEO of Astorg, adds:
“We are proud to support Norméc since 2020 and to have contributed to its strong growth: the group has established itself on five new markets and has achieved more than 85 acquisitions since 2016. The Entrance de Normonc on the American market marks a key step in its transformation into a global TICC platform and the evolution of its mission, consisting in providing a sharp expertise in compliance, operational excellence and sectoral knowledge. These acquisitions inaugurate the North American Norméc adventure and allow it to better support its customers thanks to local expertise, trust partnerships and high-quality compliance solutions in key industries. ”
