TIC INDUSTRY M&A
On October 1, 2026, UL Solutions, a global leader in testing, inspection and certification, announced the completion of its acquisition of the Electrical & Electronics (E&E) business of Eurofins Scientific.
Enterprise Value: €575 Million
Based on the European Central Bank reference rate on October 1, 2026 (€1 = ¥178.49), the transaction is equivalent to approximately ¥102.6 billion.
The acquisition covers Eurofins’ global testing, inspection and certification operations for electrical and electronic products, including MET Labs and the MET certification mark.
COMPANY PROFILE
UL Solutions, Eurofins and MET Labs
UL Solutions
Headquartered in Northbrook, Illinois, UL Solutions is one of the world’s leading testing, inspection and certification companies.
The company generated approximately $3.05 billion in revenue in 2025 and has more than 14,500 employees, with testing and certification facilities around the world.
UL Solutions is particularly well known for its expertise in electrical and electronic product safety. Its services also cover electromagnetic compatibility (EMC), wireless technologies, batteries, cybersecurity and other areas.
Eurofins Scientific
Headquartered in Luxembourg, Eurofins Scientific is one of the world’s largest laboratory testing groups.
The company has more than 65,000 employees and operates more than 950 laboratories across 57 countries.
Its businesses span a wide range of fields, including food, environmental, pharmaceutical, cosmetics, chemicals, advanced materials and clinical diagnostics testing.
The business sold to UL Solutions is Eurofins’ E&E testing business for electrical and electronic products.
MET Labs
MET Labs provides product safety testing, inspection and certification services for electrical and electronic products.
Eurofins refers to the divested E&E testing business as “MET Labs.” The business employs approximately 1,300 people worldwide.
Revenue for the business is expected to exceed €180 million in 2026. Its services cover product safety, electrical safety, electromagnetic compatibility, wireless technologies, medical devices and other areas of electrical and electronic testing and certification.
THE TRANSACTION
What Does the €575 Million Acquisition Mean?
UL Solutions entered into an agreement to acquire Eurofins’ E&E business on April 13, 2026, and completed the transaction on October 1.
The acquisition covers Eurofins’ global testing, inspection and certification operations for electrical and electronic products.
Eurofins E&E Business Acquired by UL Solutions
- Enterprise value: €575 million
- Employees: Approximately 1,300 worldwide
- 2026 expected revenue: More than €180 million
- Key areas: Product safety, electrical safety, EMC, wireless and medical devices
- Scope: Includes MET Labs and the MET certification mark
In other words, this is not the acquisition of a single laboratory. UL Solutions is acquiring Eurofins’ international E&E testing and certification business.
Electrical and electronic product safety testing and certification are already core strengths of UL Solutions.
By adding Eurofins’ E&E testing capabilities, employees and international laboratory network in areas including electrical safety, EMC, wireless technologies and medical devices, UL Solutions is further expanding its position in the electrical and electronics sector.
TICNOLOGY JAPAN VIEW
Eurofins Focuses on Its Core Businesses as UL Expands Its Strengths
The transaction clearly reflects the strategic direction of both companies.
Eurofins is increasing its focus on its core “Testing for Life” businesses, including food, environmental, pharmaceutical and clinical testing. Eurofins has stated that the divestment is consistent with its strategy of allocating capital toward its core Testing for Life capabilities.
For UL Solutions, meanwhile, electrical and electronic product safety testing and certification are established areas of strength. The addition of an E&E business with approximately 1,300 employees further expands those capabilities.
Eurofins is concentrating on its core businesses,
while UL Solutions is expanding in an area where it already has significant strength.
The transaction therefore represents an M&A deal that further clarifies the strategic focus of both companies.
SOURCES
Sources
- UL Solutions Inc., “UL Solutions Inc. Completes Acquisition of Eurofins Scientific’s Electrical & Electronics Business,” October 1, 2026
- UL Solutions Inc., “UL Solutions Inc. Broadens Portfolio with Agreement to Acquire Eurofins Scientific’s Electrical & Electronics Business,” April 13, 2026
- Eurofins Scientific SE, “Eurofins completes the divestment of its Electrical & Electronic Testing business to UL Solutions,” October 2, 2026
- Eurofins Scientific SE, “Eurofins to divest its Electrical & Electronic Testing business,” April 14, 2026
- Eurofins Scientific SE, Annual Report 2025
- European Central Bank, Euro foreign exchange reference rates
Information current as of October 26, 2026.
This article is intended for general informational purposes and is based on publicly available information.
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