Element Materials Technology completes acquisition of DNV GL’s German materials testing labs
- Element Materials Technology completed the acquisition of DNV GL’s German materials testing laboratories on Nov. 1, 2016.
- The deal adds four ISO/IEC 17025-accredited labs in Hamburg, Muelheim a.d.R., Herne, Stuttgart/Esslingen, employing more than 70 engineers.
- Element said the purchase strengthens its European footprint, lifting its regional network to 16 laboratories and taking headcount to over 2,000.
- The transaction followed a binding agreement reached in September 2016, with German regulatory approvals since secured.
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