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11/2/2016

Element Materials Technology acquires DNV GL’s German materials testing laboratories

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This latest acquisition expands Element’s current European footprint to 16 laboratories.

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Element Materials Technology (London) has acquired DNV GL’s German materials testing laboratories. In September 2016, Element announced that it had entered into a binding agreement with DNV GL subject to obtaining German regulatory approvals which have now been secured.

The DNV GL Laboratories in Germany comprise four ISO:17025/OHSAS:18001-accredited laboratories in Hamburg, Muelheim a.d.R., Herne and Stuttgart/Esslingen, employing over 70 engineers specialized in materials testing, metallurgy and failure analysis.

“The acquisition of DNV GL’s four German testing laboratories is a hugely important step towards our goal to become the recognized global market leader for materials testing and product qualification testing services. As our recent performance has shown, we have the financial and operational strength to make acquisitions of this scale, as well as a strong track record of integrating and immediately growing these types of business,” says Charles Noall, president and CEO of Element.  

This latest acquisition expands Element’s current European footprint to 16 laboratories, adding to the company’s existing German laboratories located in Herne and Berlin and takes the group’s number of employees to over 2,000.

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