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New Deal


Announced

Element Materials Technology to acquire NCT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Pending

testing inspection and certification

Test Inspection and Certification (TIC)

Single Bidder

South Korea

battery testing

testing, inspection and certification

Acquisition

Cross Border

Majority

Synopsis

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Element Materials Technology, a provider of testing, inspection, and certification services, agreed to acquire NCT, one of the principal battery testing companies in South Korea. Financial terms were not disclosed. "I am delighted that NCT will be joining Element’s network of global laboratories and experts. We will add valuable battery testing expertise and large-scale destructive testing that is unique to the region and Element," Ju-Eok Seo, NCT CEO.

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