Element Materials acquires quality control company Vohtec Qualitätssicherung
A deal was secured in early June for majority shareholder VR Equitypartner to sell its shares to British firm Element. The deal was subject to German regulatory approval, which has now been secured. Current managing directors Roland Vogt and Gernot Kolb remain in charge of operations.
The Vohtec laboratories in southern Germany comprise of four ISO-accredited facilities in Aalen, Altbach, Garching and Bad Friedrichshall, that employ 360 experts who are specialized in 30 different destructive and non-destructive test types of testing focused on the transportation sector.
John R Nelson, EVP transportation and industrials at Element, commented, “We are delighted to officially welcome Vohtec to the Element Group. The acquisition of these four laboratories, strategically located in proximity to some of the largest automotive OEMs and their supply chair partners, is a significant step toward our goal of becoming the recognized market leader for automotive testing in Europe.
“As the leading provider of automotive testing services in North America, we aim to provide our European customers with a similar range of services to that which we already provide our clients in the United States and Canada.”
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