M&A Deal Summary

Element Materials Technology Acquires NCT

On June 12, 2023, Element Materials Technology acquired test/measurement equipment company NCT

Acquisition Highlights
  • This is Element Materials Technology’s 16th transaction in the Test/Measurement Equipment sector.
  • This is Element Materials Technology’s 1st transaction in South Korea.

M&A Deal Summary

Date 2023-06-12
Target NCT
Sector Test/Measurement Equipment
Buyer(s) Element Materials Technology
Deal Type Add-on Acquisition

Target

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.

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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 36 of 38
Sector: Test/Measurement Equipment M&A 16 of 17
Type: Add-on Acquisition M&A Deals 30 of 31
Country: South Korea M&A 1 of 2
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-27 NTS

Anaheim, California, United States

NTS is a provider of product qualification testing, inspection, and certification services in North America. NTS serves the full range of performance-critical industries, including the civil aviation, space, defense, nuclear, telecommunications, and medical end markets. NTS was founded in 1961 and is based in Anaheim, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-02 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.

Buy -