UL Solutions Acquires Eurofins E&E for $670M

has entered a definitive agreement to acquire the Electrical and Electronics (E&E) business of Eurofins Scientific SE for an enterprise value of approximately $670 million (€575 million), a strategic move that expands UL Solutions' global laboratory footprint and enhances its testing, inspection, and certification (TIC) services for electrical safety and connected products. This significant acquisition, which includes the well-regarded MET Labs certification mark, is expected to close in the fourth quarter of 2026, contingent upon customary closing conditions and applicable regulatory approvals.

UL Solutions plans to fund the transaction primarily using cash on hand, which includes proceeds from the recent sale of the Company's Employee Health and Safety software business, supplemented by available capacity from its undrawn credit facility. The market reacted positively to the announcement, with UL Solutions Inc.

Class A shares experiencing a notable increase of 6.03% in pre-market trading, reflecting investor confidence in the strategic rationale. This expansion reinforces UL Solutions' commitment to its core mission as a global leader in applied safety science and strengthens its competitive position in the growing TIC market.