Element acquires Singapore Test Services
Published by Sara Simper,
Editorial Assistant
World Pipelines,
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.
Matt Hopkinson, Executive Vice President of EMEAA at Element, said: “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.”
Lim Kok Ann, President of Land Systems, ST Engineering, said: “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.”
Read the article online at: https://www.worldpipelines.com/business-news/17082022/element-acquires-singapore-test-services/
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