Announced
Completed
Financials
Sources
Tags
certification laboratory
Acquisition
Completed
Friendly
Italy
Majority
Cross Border
Electronic Equipment: Other
Private
Single Bidder
testing inspection and certification
Synopsis
DEKRA, a global network of laboratories for electromagnetic compatibility and radio frequency testing, completed the acquisition of CMC, a testing and certification company. Financial terms were not disclosed. "CMC significantly strengthens DEKRA's global laboratory network for regulatory testing services for all key markets and rounds off DEKRA's range of services Italy, one of the largest industrial markets in Europe. We see lot of important areas of synergy in light of CMC's state-of-the-art facilities, its experienced team, and its customer base in the automotive, medical, rail, maritime, consumer, and professional and household electronics markets – sectors in which DEKRA has a wide range of additional services to offer, such as cybersecurity, wireless, and global market access," Fernando E. Hardasmal, DEKRA Service Division Product Testing Executive Vice President.
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