Houlihan Lokey Advises High North Laboratories

Houlihan Lokey is pleased to announce that High North Laboratories Inc. (High North), a leading Canadian cannabis testing laboratory, has been acquired by Eurofins Scientific (ENXTPA:ERF; Eurofins).

High North is a leading Canadian cannabis testing laboratory recognized for its responsive service, deep regulatory expertise, and commitment to delivering high-quality analytical results. Headquartered in Toronto, Ontario, the company operates a state-of-the-art laboratory staffed by approximately 90 professionals. It provides a comprehensive suite of analytical and compliance-driven testing services to licensed producers, manufacturers, brands, and industry stakeholders nationwide. High North is an award-winning facility and trusted partner in advancing product quality, safety, and compliance across the Canadian cannabis industry.

Eurofins is a leading provider of testing and analytical services, supporting industries ranging from food and environmental safety to pharmaceuticals, cosmetics, forensics, genomics, and clinical diagnostics. The company operates an international network of more than 950 laboratories across 59 countries and is powered by a global team of more than 65,000 professionals. With a strong commitment to innovation, quality, and sustainability, Eurofins helps organizations ensure the safety, authenticity, and compliance of products and processes worldwide.

As part of the acquisition, Eurofins will combine the cannabis testing capabilities of Eurofins Experchem, a leading Canadian analytical testing provider and part of the global Eurofins network, with High North under the newly established Eurofins ExperNorth brand. The combination brings together High North’s trusted industry relationships and regulatory expertise with Eurofins Experchem’s scientific leadership to create a stronger platform for cannabis testing across Canada.

Houlihan Lokey served as the exclusive financial advisor to High North and assisted in marketing, structuring, and negotiating the transaction on its behalf. This transaction exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the testing, inspection, certification, and compliance sector.

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