Secret Site Map
Tuesday, September 02, 2014

Home News MGK Sells Subsidiary to UK Company

MGK Sells Subsidiary to UK Company

Supplier News

ICR Inc. was purchased by i2L Research Ltd. of Cardiff, Wales.

| October 9, 2012

MINNEAPOLIS — MGK, the family-owned provider of insect control solutions to a wide variety of markets, announced the sale of one of its subsidies, Baltimore-based ICR Inc., to i2L Research Ltd. ("i2L") of Cardiff, UK.
ICR Inc, formerly known as Insect Control and Research, provides efficacy testing and regulation consulting to the insect control product industry. According to MGK President Steve Gullickson, the purchase of ICR by i2L, a product testing and development company also in the pest control industry, will help the UK organization extend its business from Europe into the United States.

"We certainly have appreciated, and will continue to appreciate, ICR's efficacy testing expertise, Gullickson said.  "They provide an important service to us, and we look forward to being their customer in the coming years."

The sale of ICR strengthens MGK's strategic focus on its core business of creating responsible insect control products that protect people and their environments, added Gullickson. "We are very pleased to find a strategic buyer in i2L Research Ltd."

Dr Peter McEwen, CEO of i2L, stated that "the acquisition of ICR, Inc., which will now trade as i2LResearch USA, Inc., is a hugely important development, which places us at the heart of the two most important economies in the world, the EU and the USA"

 

Top news

Bill That Would Impact Neonicotinoid Use in California on Governor's Desk

AB 1789, which would create a timeline for the Department of Pesticide Regulation to complete its current reevaluation of neonicotinoids, has passed the legislature and is now awaiting the governor's signature.

Massey Services Acquires Austin-Based Green Pest Services

The joining of the two companies further expands Massey Services’ residential pest prevention services footprint throughout Texas.

Arrow Exterminators Accepts the ALS Ice Bucket Challenge

The company joins the fight to beat ALS with donation to ALS association.

Reminder: PCT’s M&A Virtual Event 3.0 is Tomorrow

The half-day conference provides expert advice from some of the industry’s leading authorities on mergers and acquisitions and family business issues.

RISE Announces New Governing Board Members and Officers

During its 24th annual meeting RISE (Responsible Industry for a Sound Environment) announced new officers and members elected to the 2014 Governing Board.