About
Element Materials Technology is a global Testing Inspection and Certification (TIC) company headquartered in London. It specializes in materials testing and the provision of certification schemes in building materials, aerospace, transportation, health sciences, oil and gas, and fire protection.
Sector competitors include Intertek, Bureau Veritas, NPL, and SGS.
History
Element Materials Technology was founded in November 2010 after the 3i-backed management buyout of the Materials and Testing group of Stork B.V..
Bridgepoint Group bought Element from 3i in 2015 and went on to acquire at least 29 companies. Its most notable acquisition was Exova Group plc – which had itself acquired several firms – from a collection of shareholders led by Clayton, Dubilier & Rice, for £620m in cash in April 2017.
Element Group Limited was acquired by Temasek Holdings in January 2022, when Bridgepoint agreed to an offer that valued the business at $7bn. Cinven and CPP Investment Board had also been mulling a $4bn bid.