• About
  • Advertise
  • Contact
Monday, July 21, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Technology

Temasek weighs sale of testing firm Element Materials

by Sarkiya Ranen
in Technology
Temasek weighs sale of testing firm Element Materials
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Temasek Holdings is weighing a sale of Element Materials Technology, a UK testing company it acquired about three years ago, according to people with knowledge of the matter.

The Singapore state investment company, which bought Element in a deal valuing it at more than US$7 billion including debt, is working with advisers to solicit interest, said the people, who asked not to be identified discussing confidential information.

The sale is likely to draw interest mainly from strategic parties, the people said. Temasek’s deliberations are at an early stage and there’s no certainty they’ll lead to a deal. A representative for Temasek declined to comment, while Element didn’t respond to a request for comment outside regular office hours.

London-based Element has over 9,000 employees and more than 270 laboratories in 30 countries, according to its website. 

Temasek completed its purchase of Element in July 2022 and, in September of that year, Element said it acquired Anaheim, California-based National Technical Systems, a qualification testing and inspection firm specialised in the aerospace and defence industries. BLOOMBERG

Share with us your feedback on BT’s products and services



Source link

Tags: ElementFirmMaterialsSaleTemasekTestingWeighs
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Ex-Chelsea star to run London Marathon after son diagnosed with rare heart issue

Ex-Chelsea star to run London Marathon after son diagnosed with rare heart issue

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Dear Diary: Inside the thoughts of a Toronto car thief

Dear Diary: Inside the thoughts of a Toronto car thief

1 year ago
Cops Avert Major Attack After Terrorists Fire On Police Post In J&K’s Udhampur

Cops Avert Major Attack After Terrorists Fire On Police Post In J&K’s Udhampur

1 year ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In