01:45 AM EDT, 07/20/2026 (MT Newswires) -- Eurofins Scientific (ERF.PA) agreed to acquire Element Materials Technology's life sciences testing services business in North America at an enterprise value of $400 million. The French laboratories group said Monday the deal would boost its presence in certain key areas of the US and Canada. The deal is expected to close in the fourth quarter, subject to regulatory approvals. Element's North American life sciences testing business includes biopharma product testing, environmental testing, and food testing services under 27 laboratories.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.