Element strengthens position in Singapore with acquisition of Singapore Test Services
Element Materials Technology (Element) has acquired leading testing, inspection, calibration and certification provider, Singapore Test Services (STS), a subsidiary of ST Engineering. This acquisition strengthens Element’s position and growth plans in Southeast Asia.
STS, and its team of 110 experts, supports customers in a diverse set of industries, including Aerospace, Energy, Built Environment and Manufacturing. Their services include materials testing, chemical and environmental testing, calibration and certification.
“I am delighted to welcome Singapore Test Services to the Element Group. STS has a strong suite of capabilities and serves a diverse and global customer base, including a number of blue-chip companies.
“This is an exciting step for Element and, when combined with our wider capabilities and strengths, provides opportunities for organic growth. This acquisition will also help build our business in Singapore, which was also bolstered by our recent acquisition of FOSTA Group, a leading geotechnical instrumentation and soil investigation specialist.”
“We are pleased that we have found a good fit for Singapore Test Services. Element, as a leading provider of testing, inspection and certification services, will be a good owner, for our colleagues, customers and other stakeholders.”
About Element
The Element Materials Technology Group is one of the world’s leading global providers of testing, inspection, and certification services for a diverse range of products, materials, and technologies in advanced industrial supply chains where failure in use is not an option. Headquartered in London, UK, Element’s c.7,000 scientists, engineers, and technologists, working in our global network of over 200 laboratories, support customers from early R&D, through complex regulatory approvals, and into production ensuring their products are safe and sustainable, and achieve market access.
In 2021, Element set out its new, industry leading environmental commitments, adopting science-based targets and committing to net zero emissions across its entire global business by 2035. These environmental commitments follow Element’s achievement of the highest ESG ranking in the testing, inspection and certification industry from Sustainalytics, a global leader in ESG research and data.
This article was originally published by Element Materials Technology.
