Element Material Technology Acquires Sherry Labs and Delsen
Posted: 2013-4-9
Element Material Technology announces the acquisition of leading US composite
lab, Delsen Testing Laboratories, a move which significantly strengthens
Element's position within the fast-growing aerospace composite testing market.
The purchase of Delsen, based in Glendale, California, further adds to Element's
capabilities and expertise in the commercial aerospace, power generation and
transport industries, with the vast majority of Delsen's activity falling within
aerospace.
The acquisition follows Element's recent major investment in developing
advanced facilities to test ceramic matrix composites, a material capable of
dramatically increasing fuel efficiency in the next generation of aerospace
engines.
Charles Noall, President and CEO of Element, said: "The primes are focusing their
R&D budgets increasingly towards composite materials. As a result, the purchase
of one of the most highly regarded composite testing laboratories in America
marks a considerable step in Element’s strategy to become a market-leader in
aerospace materials testing services, as well as the world’s largest dedicated
materials testing provider.
"Delsen is Nadcap approved and holds a number of major aerospace prime
approvals; it also holds an excellent overall reputation for quality, expertise, and
knowledge, making it an ideal addition to the Element Group’s existing
capabilities.
"We envision Delsen becoming a ‘centre of excellence’ in aerospace composite
materials testing. The facility will enable Element to shorten lead times, increase
productivity and extend our capability. With composites continuing to replace
traditional metal applications in a variety of sectors, this acquisition sets Element
at the forefront of a fast-growing, rapidly evolving industry."
The purchase of Delsen by Element follows a number of significant acquisitions
in the last fifteen months, including one of America’s largest independent
materials testing businesses, Sherry Laboratories, headquartered in Daleville,
Indiana. Other transactions include MAR-TEST of Cincinnati, Ohio, Detroit
Testing Laboratories of Warren, Michigan, and UK-based polymer engineering
and testing specialists MERL.
Sherry Labs
Element Material Technology has today acquired Sherry Laboratories, one of the
largest independent materials testing businesses in the US. This significant
transaction will add nearly 300 specialized staff and 10 facilities to our network
of 30 laboratories, making Element America’s largest dedicated materials testing
company.
Sherry, headquartered in Daleville, Indiana, provides a broad range of testing
services to over 6,000 clients in the Aerospace & Defense, Oil & Gas,
Transportation and Power Generation industries as well as to the Environmental,
Microbiological & Food and Petrochemical sectors.
This acquisition is fully in line with Element's overall business strategy to become
the recognized market leader for Material and Product Qualification Testing and
Failure Analysis Services.
The acquisition of Sherry follows a number of other high profile acquisitions by
Element over the last fifteen months. These include the acquisition of MAR-TEST
of Cincinnati, Ohio, Detroit Testing Laboratories of Warren, Michigan, and the
UK-based polymer engineering and testing specialists MERL.