Element Materials Technology has announced the acquisition of materials testing business Accutek.
Accutek is a company specialising in a wide range of mechanical tests, metallurgical tests, weld services and consultation services. The laboratory, based in Cincinnati has Nadcap accreditation for Metallic and Non-Metallic Materials testing.
Charles Noall, President and CEO of Element, says:
This investment supports our highly successful ‘buy and build’ growth strategy and will see Element extend its reputation in the Medical Device market, a sector that we see significant growth potential in. The move also strengthens Element’s position in the international Aerospace market; the Accutek team will work closely with colleagues across all Aerospace laboratories, but particularly with the Engaged Experts at Element Cincinnati, with the area a key hub for our leading Prime partners.”
This is Elements second acquisition from within the aerospace this year, having recently confirmed the purchase of German company GEVA, a specialist provider of materials, product qualification and systems testing to the global Aerospace industry.back in January.