M&A Deal Summary

Element Materials Technology Acquires TRaC Global

On March 12, 2015, Element Materials Technology acquired business services company TRaC Global from Bioquell for 45M GBP

Acquisition Highlights
  • This is Element Materials Technology’s 2nd transaction in the Business Services sector.
  • This is Element Materials Technology’s 0th largest (disclosed) transaction.
  • This is Element Materials Technology’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2015-03-12
Target TRaC Global
Sector Business Services
Buyer(s) Element Materials Technology
Sellers(s) Bioquell
Deal Type Divestiture
Deal Value 45M GBP

Target

TRaC Global

Warwick, United Kingdom
TRaC Global is a testing and certification company that helps clients achieve product compliance.

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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 9 of 38
Sector (Business Services) 2 of 8
Type (Divestiture) 2 of 7
Country (United Kingdom) 2 of 6
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 Environ Laboratories

Minneapolis, Minnesota, United States

Environ Laboratories LLC is a provider of materials testing and product qualification testing services to the global Aerospace sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-23 Cascade Technical Sciences

Hillsboro, Oregon, United States

Cascade Technical Sciences, Inc. (dba Cascade TEK) is an A2LA accredited environmental product testing laboratory.

Buy -

Seller(S) 1

SELLER

Bioquell

Andover, United Kingdom

Category Company
Founded 1925
Sector Test/Measurement Equipment
Employees232
Revenue 29M GBP (2017)
DESCRIPTION

Bioquell PLC is a provider of hydrogen peroxide decontamination equipment and services into the healthcare, life sciences, food production, and defense sectors. Bioquell's unique Hydrogen Peroxide Vapour (HPV) decontamination technology has been used across the globe to eradicate problematic bacteria, viruses, and fungi, throughout a wide range of applications within the healthcare, life sciences, food production, and defense sectors. Bioquell's systems provide ‘residue-free’, safe and repeatable sterilization of rooms, buildings, equipment and sensitive electronics making HPV the clear alternative when replacing traditional decontaminants such as formaldehyde or chlorine-based products.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2015) 1 of 1