o3 Capital acted as the Exclusive Financial Advisor to Geo Chem Laboratories (“Geo Chem”) on its Acquisition by Cotecna SA.

Geo Chem India and Geo Chem Consumer Products, premier independent testing and inspection organizations, have been successfully acquired by Cotecna, a renowned Switzerland based player in the global testing and inspection space. This acquisition is highly strategic for Cotecna, allowing them to substantially reinforce their Indian footprint by leveraging on Geo Chem’s complementarities and broader service portfolio on the commodities, food safety and pharma markets. Geo Chem brings unique opportunity for Cotecna to generate growth in the future.

Equally strategic and a factor of value creation for Cotecna is the acquisition of Geo Chem’s consumer products testing laboratories. Geo Chem’s consumer goods testing setup will strengthen their service and geographical footprint in the product conformity assurance market, one of the areas that Cotecna wants to prioritize in its strategic development roadmap.

Founded in 1964 in Mumbai, Geo Chem has evolved into one of the largest and most dynamic independent testing and inspection organizations with a network spanning over 31 offices, including 15 cutting-edge laboratories within India.

“o3 Capital was instrumental in structuring and closing the transaction with Cotecna, providing strategic insights, expertise, and unwavering support. Their negotiation skills and deal orchestration were key to achieving success.” Rajesh Bahl, Co-Founder of Geo Chem, said.

This deal marks o3 Capital's 28th deal closure in the last 24 months.