University of York celebrates an exit as York EMC Services is acquired by Eurofins, over two decades after being founded.
York EMC Services, a UK-based business-to-business services provider spun out from University of York, was acquired today by analytical services company Eurofins for an undisclosed sum.
Founded in 1995, York EMC Services offers a range of regulatory compliance products and services to clients in the UK and internationally. It continues to operate an office on the university’s campus.
The spinout was formed through a collaboration between industrial consultancy and continuing professional development work conducted by researchers in the Department of Electronic Engineering, through the York Electronics Centre.
The work was then expanded thanks to the introduction of international legislation on electromagnetic compatibility.
The company will continue to operate under its current name. University of York was identified as the only exiting shareholder and the spinout has not disclosed any funding rounds.
Nick Wainwright, chief executive of York EMC Services (YES), said: “YES has grown rapidly over the last five years and we have made significant investments in our laboratories and our products and services.
“By joining the Eurofins family, we can ensure that this momentum is maintained and that our business continues to develop so that we are even better able to meet the global regulatory compliance needs of our customers in the future.”
