Temasek, a global investor headquartered in Singapore, has completed its acquisition of Element Materials Technology (Element), a specialist in testing, inspection, and certification (TIC) services.
Temasek has been a minority shareholder in Element since 2019.
Temasek acquired Element from Bridgepoint, whose ownership has been an important part of a more than ten-fold increase in Element’s turnover over the past decade. The acquisition, which was subject to regulatory approvals, was previously announced on 25 January 2022.