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M&A Deal Summary

UL Solutions Acquires BatterieIngenieure

On May 22, 2024, UL Solutions acquired business services company BatterieIngenieure

Acquisition Highlights
  • This is UL Solutions’ 3rd transaction in the Business Services sector.
  • This is UL Solutions’ 2nd transaction in Germany.

M&A Deal Summary
Date 2024-05-22
Target BatterieIngenieure
Sector Business Services
Buyer(s) UL Solutions
Deal Type Add-on Acquisition

Target

BatterieIngenieure

Aachen, Germany
BatterieIngenieure is a battery-testing company that provides comprehensive testing, simulation, and failure analysis of battery technologies, with distinctive expertise in battery life expectancy estimation. Founded in 2015, BatterieIngenieure operates a laboratory in Aachen and has an office in Bilbao, Spain.

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Buyer(S) 1

Buyer

UL Solutions

Northbrook, Illinois, United States
Category Company
Founded 1894
Sector Business Services
DESCRIPTION

UL Solutions is a provider of testing, inspection and certification services. UL Solutions was founded in 1894 and is based in Northbrook, Illinois.

DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Germany M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-22 CERE

Madrid, Spain

CERE is a third-party testing, simulation and certification body company focusing on renewable energy, industrial, machinery and electrical and electronic products. CERE was formed in 2015 and is based in Madrid, Spain.

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