Announced
Completed
Financials
Tags
Private
Acquisition
Cross Border
Private Equity
testing
United Kingdom
products
various materials
certification
inspection
Test Inspection and Certification (TIC)
Majority
Single Bidder
Friendly
Completed
Synopsis
Temasek, a global investor headquartered in Singapore, completed the acquisition of Element Materials Technology, a provider of testing, inspection, and certification services, from Bridgepoint, a British private investment company, for $7bn. “Element is a true success story – a talented management team leading an exceptional group of experts across offices and laboratories in more than 30 countries around the world. We’re now entering another exciting chapter of purpose-driven growth, together with our customers and our new owners," Allan Leighton, Element Non-Executive Chairman.
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