Element Materials Technology Group £620.3 million acquisition of Exova Group

19/4/2017
Public acquisition

£ 620.3 million

$ 792.652 million

Announced

19/4/2017


Overview:

  • Element Materials Technology Group (Element) has acquired Exova Group for £620.3 million.
  • The deal will see Exova shareholders receive 240p per share.
  • Exova tests the safety and performance of products used in various industries including aviation and pharmaceuticals.
  • Element is also a materials testing company and is majority owned by Bridgepoint fund BEV.
  • Goldman Sachs and Investec advised Exova.
  • HSBC is advising Element and Bridgepoint.

Sam Duke - Editor

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in