Tentamus Group Acquires TÜV Rheinland Food Division

Cologne, June 30th, 2017

Cologne – TÜV Rheinland, a global leader of independent quality and safety solutions serving a wide range of industries around the world, today announced that it has decided to step out of the food analytics testing services business and will  sell all food related activities to Berlin/German based Tentamus Group.

TÜV Rheinland operated its food related services out of three high end laboratories in Fuzhou, Hainan both in China, as well as Kaohsiung in Taiwan. In addition, the TÜV Rheinland food auditing and classification business is bundled in its daughter company Luxcontrol GmbH out of Hamburg, Germany.

As the food business of TÜV Rheinland did an amazing job in the past in terms of growth and credibility, it was essential to find the right partner who shares identical values and is committed to further grow the business, and most important has       a clear focus on the food safety market.

Tentamus Group, tests, audits and consults products and services connecting the human body based in Berlin, Germany signed an agreement to acquire all the above food related business of TÜV Rheinland. The Chinese and Taiwanese acquisitions are expected to close during the third quarter of 2017, subject to customary closing conditions and regulatory approvals.

Ralf Scheller, Board Member of TÜV Rheinland AG, says: ‘With Tentamus and its structure consisting of highly flexible and specialized labs, we found the perfect home for our well established food labs in China and Taiwan. Tentamus furthermore has the ability to strongly support those laboratories in their method development.”

Combining the three laboratories of Tentamus Group in China with TÜV Rheinland in China and Taiwan leads to a full geographic coverage of the greater Chinese market along the coast from northern China to Hainan in the south. In Addition, Tentamus will acquire from Luxcontrol S.A. it’s 100% shareholdings in Luxcontrol GmbH, based in Hamburg, Germany, which will bring, next to testing, additional services to the Tentamus group.

We are thrilled about this major strategic opportunity for our group. The acquisition broadens our extensive capabilities,       in the food industry” said Dr. Jochen Zoller, Founder & CEO of the Tentamus Group. “As the foods industry continues to experience steady growth, we are well positioned to meet the increased testing and inspection needs of our customers     and further strengthen our support on their global chain of custody.”

Increased health awareness, the global distribution channels of goods, as well as the world population is driving growth in the food and functional food market. At the same time, global regulation of these products has increased to ensure the accuracy of product, and the quality of their production. Tentamus further positions the entities to meet the growing testing, analytics and inspection needs of companies producing, manufacturing and distributing food and functional food products.

 

About TÜV Rheinland

TÜV Rheinland is a global leader in independent inspection services, founded 145 years ago. The group maintains a worldwide presence with 19,700 employees; annual turnover is more than EUR 1.9 billion. The independent experts stand     for quality and safety for people, technology and the environment in nearly all aspects of life. TÜV Rheinland inspects technical equipment, products and services, oversees projects, helps to shape processes and information security for companies. Its experts train people in a wide range of careers and industries. To this end, TÜV Rheinland employs a global network of approved labs, testing and education centres. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com

About Tentamus

The Tentamus Group was founded in 2011. Tentamus Group is a global product and safety group with a core presence in Europe, China and the USA. Accredited and licensed Tentamus Group tests, audits and consults everything concerning matters involving the human body (food & feed, pharmaceuticals & medical, agrochemicals, cosmetics, agriculture & environment and nutraceutical & supplement). Tentamus Group is represented in over 35 locations worldwide. More than 1,500 highly-trained staff members work in close to 1 million square feet of laboratory and office spaces. For more information, visit www.tentamus.com

 

Contact:

Jundong Chen                                                                   Dr. Yvonne Pfeifer
Vice President of Food
Greater China

Tel.  +86 592 2688 330                                                  Tel. +49 30/206 038 164
Fax : +86 20 2839 1999                                                  Fax: +49 30/206 038 190

TÜV Rheinland (China) Ltd.                                         Tentamus Group
No.1032, Xiahe Road,                                                      An der Industriebahn 5
Xiamen, China                                                                   13088, Berlin
www.tuv.com                                                                       www.tentamus.com

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