EAG acquires Chemir and CAS-MI
Evans Analytical Group, Inc. (EAG), a leading global provider of surface analysis and materials characterization services, microelectronics “release to production” and electronic failure analysis services, has acquired Chemir Analytical Services and its affiliates CAS-MI Laboratories and Cyanta Analytical Services. Chemir and CAS-MI will continue to operate under their current names, and Cyanta will begin the process to be renamed EAG Life Sciences. All three laboratories will continue operations at their respective facilities. The acquisition of Chemir allows EAG to better serve the medical device and pharmaceutical companies who require FDA testing beyond materials characterization and clients seeking to develop novel coating technologies beyond surface analysis investigations. Chemir Analytical Services of St. Louis, MO, has built its reputation by solving unique challenges associated with product failures across diverse industries including identification of contaminants, deformulation of products and litigation support for patent infringement cases. CAS-MI Laboratories of Ypsilanti, MI, has provided analytical services for the polymer, paints, coatings, adhesives and sealants industries since 1943. More recently, CAS-MI has assisted entrepreneurs in product development for novel paint and coating technologies. EAG is majority owned by Odyssey Investment Partners, LLC, a private equity firm with more than $2 billion in capital under management. Odyssey makes majority, control investments primarily in established middle-market industrial manufacturing and business services companies in a variety of industries.
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