25th January 2022 – Element Materials Technology Group (Element or the Group), a global leader in testing, inspection, and certification (TIC) services, has been acquired by Temasek from Bridgepoint. Temasek, a global investor headquartered in Singapore, has been a minority shareholder in Element since 2019. The Group generates annual revenues of c.$1 billion and has grown at over 20% a year over the last ten years. The transaction value has not been disclosed and the transaction remains subject to customary regulatory approvals.
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