M&A Deal Summary

Element Materials Technology Acquires Detroit Testing Laboratory

On December 5, 2011, Element Materials Technology acquired business services company Detroit Testing Laboratory

Acquisition Highlights
  • This is Element Materials Technology’s 1st transaction in the Business Services sector.
  • This is Element Materials Technology’s 1st transaction in the United States.
  • This is Element Materials Technology’s 1st transaction in Michigan.

M&A Deal Summary

Date 2011-12-05
Target Detroit Testing Laboratory
Sector Business Services
Buyer(s) Element Materials Technology
Deal Type Add-on Acquisition

Target

Detroit Testing Laboratory

Warren, Michigan, United States
Detroit Testing Laboratory, Inc. is a product qualification testing provider.

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Buyer(S) 1

Buyer

Element Materials Technology

London, United Kingdom

website


Category Company
Founded 2011
Sector Test/Measurement Equipment
DESCRIPTION

Element Materials Technology is a provider of testing, inspection, and certification services for a diverse range of products, materials, and technologies in advanced industrial supply chains where failure in use is not an option. The company's scientists, engineers, and technologists, working in our global network of over 200 laboratories, support customers from early R&D, through complex regulatory approvals, and into production ensuring their products are safe and sustainable, and achieve market access. Element Materials Technology was formed in 2011 and is based in London.


DEAL STATS #
Overall 1 of 35
Sector (Business Services) 1 of 7
Type (Add-on Acquisition) 1 of 29
State (Michigan) 1 of 4
Country (United States) 1 of 21
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-01 MAR-TEST

Cincinnati, Ohio, United States

MAR-TEST, Inc. is a provider of testing services ranging from materials for jet engines and NASA space vehicles to artificial hip and spinal implants. MAR-TEST was founded in 1970 and is based in Cincinnati. Ohio.

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