Element Materials Technology (Amsterdam, The Netherlands) announced on April 1 the acquisition of Sherry Laboratories (Daleville, Ind., USA), one of the largest independent materials testing businesses in the U.S. This significant transaction will add nearly 300 specialized staff and 10 facilities to Element’s existing network of 30 laboratories, making Element America’s largest dedicated materials testing company.
Sherry provides a range of testing services to the aerospace, oil and gas and power generation industries. The 66-year-old company has laboratories supporting more than 6,000 clients throughout Ohio, Indiana, Oklahoma and Louisiana.
The acquisition, says Element, reinforces its core growth objective, which is to provide an unrivalled materials testing service focused specifically on the aerospace, oil and gas, transportation and power generation sectors.
Charles Noall, president and CEO of Element Materials Technology, says: “Sherry Laboratories has a great reputation and first class testing facilities, but the company’s most valuable asset is its people. This acquisition is a superb fit for Element and we are very much looking forward to bringing Sherry’s numerous engineers, scientists and technicians on board to join forces with our own engaged experts. Sherry’s Nadcap-accredited facilities have also been approved by aerospace primes including Boeing, Rolls-Royce, Honeywell, Bombardier and GE Aviation, which further adds to Element’s own prime approvals held across a wide range of laboratories.”
This latest deal by Element follows a number of significant acquisitions in the last 15 months, including MAR-TEST (Cincinnati, Ohio, USA), Detroit Testing Laboratories (Warren, Mich., USA) and UK-based polymer engineering and testing specialists MERL.
Editor PickKey takeaways from JEC World 2017
A quick read of the composites tea leaves after JEC World 2017.