UL Solutions Announces Acquisition of Eurofins Scientific's E&E Business for ~$670M
UL Solutions (NYSE:ULS) has agreed to acquire the Electrical & Electronics business from Eurofins Scientific in a deal valued at approximately €575 million ($670 million). The acquisition is expected to expand UL Solutions' global laboratory presence and strengthen its position in the testing, inspection, and certification industry. It is projected to be accretive to adjusted diluted EPS within one year of closing.
Tickers: $ULS
Topics: certification global expansion M&A TIC industry