NSF International Makes Offer to Acquire CMi
Combined Business Addresses Growing Global Food Safety Concerns
(ANN ARBOR, MI, USA & LONG HANBOROUGH, OXFORD, ENGLAND, UK) - NSF International, a global testing and certification company committed to public health protection, today announced that it has reached agreement on the terms of a recommended cash offer to acquire CMi plc, a leading European food safety and assurance company operating throughout the food supply chain.
"The completion of this deal would bring together two highly respected organisations, which, with our combined resources and capabilities, will be able to establish a leading position in the global food safety market. By working together we will provide unmatched consulting, audit and certification services in our respective markets and to international clients," said Mike Thomas, CMi Chief Executive.
With the increased consumer concern about foodborne illness outbreaks and industry focus on brand protection, these combined service offerings would help the food industry reduce risk and demonstrate compliance with international standards and regulations.
Clients across the food supply chain, from processors and producers to supermarkets and restaurants would benefit from a combined portfolio of services. Clients would have access to comprehensive farm-to-fork food safety solutions, delivered on a global scale.
"NSF International is excited about the offer to acquire CMi because, once completed, it will materially enhance the scope of services that we can both offer our global customers. NSF International is known for its strong technical expertise, integrity and independence. CMi shares this business philosophy, and their geographic base is an excellent complement to NSF International's existing food safety business," said Kevan P. Lawlor, president and Chief Executive Officer of NSF International.
NSF International intends to operate CMi as a standalone business within NSF International Food Safety LLC, supported by the added resources of NSF International. In addition to continuing to develop and expand its presence in the UK, once the offer completes, CMi will be responsible for further developing the combined entity's food safety operations in Europe.
About NSF International: NSF International, an independent, not-for-profit organization, is a world leader in standards development, product certification, education and risk-management for public health and safety (www.nsf.org). NSF serves customers in over 100 countries and its food safety, consulting and certification division, NSF International Food Safety LLC continues to grow rapidly. Founded in 1944, NSF is committed to protecting public health and safety worldwide. NSF is a World Health Organization Collaborating Centre for Food and Water Safety and Indoor Environment. Additional services include management systems registrations delivered through NSF International Strategic Registrations, organic certification provided by Quality Assurance International and education through the NSF Center for Public Health Education.
About CMi plc: CMi plc is one of the largest specialist food assurance and consulting companies of its type, working across the entire supply chain. CMi has in-depth experience of all sectors of the food supply chain and is fully conversant with current and emerging food industry issues and is particularly focused on the delivery of pragmatic, best practice solutions for both technical and commercial needs. The company operates in the UK and internationally and has operations in 18 countries including the UK.
