mynth
04/2026

MET LABS

Acquired by

UL SOLUTIONS

UNITED STATES Industrial Services / TIC (Testing, Inspection, Certification) EV 500M - 1.5b EUR

Context

The global safety science leader has signed a definitive agreement to acquire the electrical and electronics testing business of Eurofins Scientific, a French life sciences laboratory group. This strategic transaction represents a definitive portfolio pruning for the seller, marking a structural exit from the technical industrial testing space to concentrate resources on its core bio-analytical segments. The strategic rationale for the move centers on the acquirer's objective to broaden its technical operational depth in the high-growth electronics compliance market while achieving significant geographic densification in North America and Asia. By incorporating this technical specialist, the organization reinforces its ability to serve mission-critical electronics manufacturers requiring high-end certification services. The partnership is designed to leverage the acquirer’s global infrastructure and digital platform to enhance the target’s service delivery and operational efficiency. This integration facilitates the development of a uniquely integrated safety testing platform, providing the strategic depth required to navigate complex international standards and the rising demand for technological safety. The transaction marks the conclusion of the seller’s strategic review of non-core assets, allowing it to refocus capital on automation and artificial intelligence initiatives within its healthcare and environmental laboratories.

MET LABS, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Business Services market trends

Target

MET Labs is a premier technology organization specializing in the testing, inspection, and certification (TIC) of electrical and electronic products. The entity’s business model is centered on providing third-party safety and performance validation to ensure regulatory compliance across global markets. Its value proposition is anchored in being a nationally recognized testing laboratory (NRTL), facilitating the industrialization of consumer electronics, telecommunications, and industrial equipment. Strategically, the firm focuses on technical operational depth in electromagnetic compatibility (EMC) and environmental simulation testing. By maintaining a network of high-expertise laboratory sites, the organization ensures a mission-critical role in the global electronics supply chain, reducing time-to-market for technical innovators. The entity prioritizes industrialized reliability and standardized quality to navigate the increasing complexity of international safety requirements and technological convergence.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2026
LOGIN
LOGIN
LOGIN
2025
LOGIN
LOGIN
LOGIN

Other operations with MET LABS

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MET LABS by UL SOLUTIONS are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).