Scientists in the North East will soon be responsible for the future of food safety after winning a joint bid to take-over the Government’s Food and Environment Research Agency (Fera).
Newcastle University has been selected as the preferred bidder to form a joint venture with the Department for Environment, Food and Rural Affairs (Defra) to operate its food and environmental research arm in York.
For 30 years Fera has led the research on major food safety projects in the wake of food fraud scandals such as ‘horsegate’ and foot and mouth.
Now, outsourcing giant Capita has chosen Newcastle University as its science partner to run the research part of the new multimillion pound organisation.
Capita will make an initial investment of £20m for a 75% stake in the joint venture, with further investment, in cash, kind and dividends, during the following five years.
The joint venture will bring together around 40 researchers from Newcastle University.
Capita chief executive, Andy Parker, said: “The excellent science being carried out by staff at Fera has not yet been able to reach its full commercial potential because of obvious limits on investment, recruitment and marketing.
“Capita’s commercial know-how will complement the Fera team’s scientific expertise, helping it to grow the scientific capability it can offer existing and new customers. Working together, we will create a more efficient and improved organisation allowing scientists to focus on the science and its delivery.”
Heard it all before. Best wishes.