UL Solutions completes acquisition of Eurofins Scientific electrical and electronics business
UL Solutions expanded its global footprint by completing the acquisition of Eurofins Scientific's electrical and electronics business.
Key takeaways
- UL Solutions Inc. (ULS) announced the completion of its acquisition of the electrical and electronics business of Eurofins Scientific SE. The deal adds testing laboratories and accreditations in EMEA, Asia and the United States, though financial terms were not disclosed.
UL Solutions Inc. said on Wednesday it has completed the acquisition of the electrical and electronics business of Eurofins Scientific SE.
President and CEO Jennifer Scanlon said in a statement, "This acquisition extends our 132-year commitment to our mission of working for a safer world."
Eurofins provides testing, compliance and certification services supporting global market access. These include electromagnetic compatibility and wireless testing, electrical safety, and medical device evaluation.
"We are thrilled to welcome our new colleagues to UL Solutions," Scanlon said.
The transaction adds laboratories and accreditations in EMEA, Asia and the United States to the company network. UL Solutions did not disclose financial terms of the deal in the regulatory filing.
"By bringing together complementary expertise and capabilities, we are expanding our global footprint, enhancing our TIC services for electrical safety and connected products, and adding services that support customers around the world," Scanlon said.