SMC Corporate Finance advises ALS Limited on the acquisition of WESSLING Consulting Engineering GmbH & Co. KG.
SMC Corporate Finance acted as ALS Limited’s exclusive buy-side advisor in the acquisition of Wessling, executed as part of ALS’s European expansion strategy.
ALS Limited is a globally leading provider of testing, inspection, and certification (TIC) services with a focus on life sciences, environmental analysis, and materials analytics. The company is listed on the Australian Securities Exchange (ASX) and operates a global network of laboratory sites across Asia, North and South America, and Europe. As part of its international growth strategy, ALS specifically pursued the expansion of its market position in the DACH and Benelux region.
Wessling, a leading European provider of environmental, food, and pharmaceutical analytics with around EUR 100 million in revenue and 1,200 employees across 22 locations, was prioritized as one of the most attractive targets. With a presence in Germany, Switzerland, France, Romania, Poland, and China, Wessling offers a broad international footprint in regulated and quality-critical segments.
The cross-border transaction required close coordination of numerous advisors across multiple jurisdictions. SMC acted as the central interface between ALS management, external financial and tax advisors, and legal counsel, and coordinated a comprehensive buy-side due diligence process involving more than 50 specialists.
With this acquisition, ALS significantly strengthens its position in the European life-science testing market, expands its geographical reach, and enhances its service portfolio. The integration of Wessling into the global ALS network creates potential for operational scale effects, cross-selling, and sustainable organic growth.
“The integration of Wessling not only expands our geographical presence but also improves our ability to offer a broader range of services,” said Malcolm Deane, CEO of ALS.
SMC Corporate Finance supported ALS throughout the entire process – from market analysis and target identification, through relationship building with the sell-side, to the successful closing of the transaction as exclusive buy-side advisor.
