M&A Deal Summary

UL Acquires STR Holdings - Quality Assurance Business

On August 16, 2011, UL acquired manufacturer STR Holdings - Quality Assurance Business from STR Holdings for 275M USD

Acquisition Highlights
  • This is UL’s 1st transaction in the Manufacturing sector.
  • This is UL’s largest (disclosed) transaction.
  • This is UL’s 2nd transaction in the United States.
  • This is UL’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2011-08-16
Target STR Holdings - Quality Assurance Business
Sector Manufacturing
Buyer(s) UL
Sellers(s) STR Holdings
Deal Type Divestiture
Deal Value 275M USD

Target

STR Holdings - Quality Assurance Business

Enfield, Connecticut, United States
STR Holdings, Inc. - Quality Assurance Business provides testing, audit, certification and responsible sourcing services to help ensure that clients have the highest level of confidence in the quality, safety and social standards of their products and systems.

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Buyer(S) 1

Buyer

UL

Northbrook, Illinois, United States

Category Company
Sector Safety/Security
DESCRIPTION

UL is a global independent safety science company offering expertise across six key strategic businesses: Commercial & Industrial, Environment, Information & Insights, Life & Health, Consumer and Workplace Health & Safety. Our breadth, established objectivity and proven history mean we are a symbol of trust, enabling us to help provide peace of mind to all.


DEAL STATS #
Overall 4 of 26
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 2 of 15
Year (2011) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-08 RFI Global Services

Hampshire, United Kingdom

RFI Global Services Ltd. is a provider of consultancy and testing services to the global technology market. RFI Global’s expertise covers Cellular, Wireless and Smart Card technologies, with particular emphasis on convergent products (i.e. those that combine multiple technologies).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 UL Workplace Health and Safety

Franklin, Tennessee, United States

PureSafety, the industry’s leading provider of comprehensive workforce health and safety solutions, provides innovative software and services that protect the well-being of workers, ensure organizational compliance and peace of mind, and drive measurable business improvement.

Buy -

Seller(S) 1

SELLER

STR Holdings

Enfield, Connecticut, United States

Category Company
Founded 1944
Sector Chemicals
Employees220
Revenue 39M USD (2014)
DESCRIPTION

STR Holdings, Inc. is a global provider of high quality, superior performance solar encapsulants to the photovoltaic module industry.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-27 Shuster Laboratories

Canton, Massachusetts, United States

Shuster Laboratories, Inc. is a provider of consumer products quality assurance and risk assessment programs.

Buy -