UL Solutions Inc. announced on April 13 that it has entered into a definitive agreement to acquire the electrical and electronics business of Eurofins Scientific SE, including the MET Labs certification mark. The purchase price is approximately €575 million (about $670 million), with the transaction expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals.
The acquisition is intended to expand UL Solutions’ global presence and enhance its testing, inspection, and certification services for electrical safety and connected products. According to UL Solutions, this move aligns with its strategy of focusing on TIC (testing, inspection, certification) and risk and compliance software capabilities.
Jennifer Scanlon, President and CEO of UL Solutions, said: “Our technical talent, global accreditations and service portfolio differentiate us in our industry, and our strong balance sheet helps enable us to extend our capabilities and footprint globally to serve our customers’ evolving needs as strategic opportunities arise. This transaction fits our ambition to be the acquirer of choice, and I am thrilled at the prospect of welcoming highly skilled colleagues who share our mission of working for a safer world to the UL Solutions team. We expect the megatrends propelling our growth will continue to accelerate, especially in digitization and global product compliance for increasingly connected products.”
Eurofins’ electrical and electronics business provides testing, compliance, and certification services supporting market access for electromagnetic compatibility testing as well as wireless technology evaluations. The acquisition is expected by UL Solutions to strengthen its capabilities in regions such as EMEA (Europe/Middle East/Africa) and Asia-Pacific while driving growth in its Consumer segment through a broader infrastructure offering complementary services.
The deal will be funded through cash on hand—including proceeds from a recent sale of UL’s Employee Health & Safety software division—and available credit facility capacity. Approximately 30% of funding comes from this earlier divestiture completed on April 1.
Looking ahead, management expects that after closing later this year pending regulatory approval processes are complete; there will be no impact on full-year organic revenue or adjusted EBITDA margin outlooks for 2026.
