# Element Materials Technology to acquire Exova Group for £620 million

Element Materials Technology Group has agreed to acquire Exova Group plc for 240 pence per share in cash, valuing the deal at approximately £620 million.

- Type: Acquisition
- Announced: 2017-04-19
- Where: United Kingdom
- Value: $800.0M (620.0M GBP)
- Status: announced
- Products: testing services

## Companies

- [Element Materials Technology Group](https://endata.com/companies/17043.md) (acquirer)
- [Exova Group](https://endata.com/companies/17044.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/EXOVA-GROUP-PLC-16256803/news/Exova-RECOMMENDED-CASH-ACQUISITION-of-EXOVA-GROUP-PLC-24226744/), 2017-04-19: "The boards of directors of Exova Group plc and Element Materials Technology Group Limited are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.