Announced
Financials
Tags
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
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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