UL Solutions Completes Acquisition of Eurofins' Electrical & Electronics Business

Business Wire··US·Read original
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Summary · why it matters

UL Solutions Inc. has completed its acquisition of the electrical and electronics business of Eurofins Scientific SE. The acquired business provides testing, compliance and certification services supporting global market access for electromagnetic compatibility and wireless testing, electrical safety, medical devices and other technologies. The deal adds laboratories and accreditations in EMEA, Asia and the United States to UL Solutions' global network. President and CEO Jennifer Scanlon said the acquisition extends the company's 132-year commitment to its mission of working for a safer world and expands its global footprint while enhancing its testing, inspection and certification services for electrical safety and connected products. UL Solutions, based in Northbrook, Illinois, and listed on the New York Stock Exchange under the ticker ULS, serves customers in more than 110 countries.

Impact on assets 3

Industrials▲ · 1 stocks
UL Solutions Inc.
ULS
▲ PositiveCapitalrelevance

UL Solutions completed the acquisition of Eurofins' electrical & electronics testing business, expanding its labs and accreditations globally.

Health Care▼ · 1 stocks
Eurofins Scientific SE
ERF
▼ NegativeCapitalrelevance

Eurofins divested its electrical and electronics testing, compliance and certification business to UL Solutions.

Energy Transition & Power Demand▲ · 1 stocks