M&A Deal Summary

Element Materials Technology Acquires CTK

On August 2, 2023, Element Materials Technology acquired business services company CTK

Acquisition Highlights
  • This is Element Materials Technology’s 8th transaction in the Business Services sector.
  • This is Element Materials Technology’s 2nd transaction in South Korea.

M&A Deal Summary

Date 2023-08-02
Target CTK
Sector Business Services
Buyer(s) Element Materials Technology
Deal Type Add-on Acquisition

Target

CTK

Gyeonggi-do, South Korea
CTK provides electromagnetic compatibility (EMC) and wireless, product safety, and certification services. CTK was founded in 1998 and is based in Gyeonggi-do, South Korea.

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Buyer(S) 1

Buyer

Element Materials Technology

London, United Kingdom

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 37 of 38
Sector (Business Services) 8 of 8
Type (Add-on Acquisition) 31 of 31
Country (South Korea) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-12 NCT

Hwaseong-si, South Korea

NCT provides comprehensive testing and certification services across battery and electrical safety, reliability testing and analysis, and wireless, for the mobility, consumer goods, medical device, and telecommunication markets. NCT was founded in 2010 and is based in Hwaseong-si, South Korea.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-07 Warringtonfire

Warringtonfire, Australia

Warringtonfire is a fire testing and fire safety engineering consulting firm.

Sell -