Eurofins to Sell Electrical & Electronic Testing Unit

Eurofins Scientific SE has announced plans to sell its Electrical & Electronic Testing division, known as MET Labs, to UL Solutions Inc. The transaction is valued at €575 million, free of cash and debt. MET Labs is projected to generate over €180 million in revenues in 2026, employing approximately 1,300 people globally. The business focuses on product safety testing, inspection, and certification for various sectors, including consumer electronics and automotive.

This divestment aligns with Eurofins’ strategy to concentrate on core sectors such as food, environmental, and pharmaceutical testing. Financial gains from the sale will aid in reducing debt, investing in laboratories, and enhancing digital solutions. The completion of this deal is anticipated by the end of 2026, pending regulatory approvals.