Maxxam Analytics International Corporation, one of the largest privately owned analytical laboratory companies in North America, announced on October 5, 2004, that it completed a merger transaction with PSC Analytical Services.
The merged organization, operating under the Maxxam name, is expected to have revenues in excess of CDN $125-million and will provide a full range of laboratory testing and analytical services. The following industries will be served: environmental, petroleum, food safety, forensics, genetics and drug.
“This merger is part of a plan to revolutionize the analytical testing industry through consolidation, investment and superior corporate management,” said Patricia Nielsen, CEO of Maxxam Analytics. “As a result of this strategic move, customers will deal with an extremely efficient and cost effective organization that is able to offer high volume through put and top quality laboratory results.”
PSC is the largest analytical laboratory in Canada. According to CEO Shawn Heier, PSC customers will benefit from the consolidation of best practices and resources, as well as additional scientific and information technology.
(For information about Maxxam’s “Super lab," see the article “Under the Microscope” in the April/May 2004 edition of HazMat Management magazine.)
For further information about the merger, contact Sandra Prospero, Maxxam at 905-451-4111.