Element acquires DNV GL’s German testing laboratories

Element Materials Technology is to buy DNV GL’s materials testing laboratories in Germany. As a result of this agreement, Element will acquire four laboratories located across Germany, for materials testing and product qualification testing services operating in the aerospace, oil & gas, and transportation and industrials sectors.   This transaction expands Element’s current European laboratory footprint of 16 laboratories, adding to the company’s existing German laboratories located in Herne and Berlin, and takes the group’s revenues over US$300 million and number of employees to 2,000.   The DNV GL Laboratories in Germany comprise four ISO:17025/OHSAS:18001-accredited laboratories in Hamburg, Mulheim adR, Herne and Stuttgart/Esslingen, employing over seventy engineers specialized in materials testing, metallurgy and failure analysis. The laboratories have a full range of technical capabilities including destructive testing, metallography, corrosion testing, scanning electron microscopy, non-destructive testing and failure analysis which are supported by well-equipped machine shop facilities, using CNC and EDM (wire-frame) techniques for preparation of samples within a short timeframe.    ‘This significant deal is our first acquisition of a materials testing business from another large testing, inspection and certification organization,’ said Charles Noall, president and CEO of Element. ‘As our recent performance has shown, we have the financial and operational strength to make acquisitions of this scale and the expertise to integrate and immediately grow these businesses. We look forward to the future success of these locations as part of our global testing platform.’

This story uses material from Elementwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.