Companies
Eurofins completes $400M Element Life Sciences NA acquisition
Eurofins (EUFI.PA) completed its Element Life Sciences Testing Services NA purchase on Oct 1 — per the October 2 closing release; $400 million enterprise value restated from July 20 announce.
Sources
Based on verified sources: Eurofins Completes the Acquisition of Element Materials Technology's Life Sciences Testing Services Business in North America (Eurofins IR; close took place Oct 1, 2026); Eurofins July 20, 2026 definitive-agreement announce $400 million enterprise value (Eurofins IR).
Based on Eurofins' October 2, 2026 closing release (close took place October 1, 2026; sealed Element Life Sciences Testing Services NA acquisition for an enterprise value of $400 million) and Eurofins July 20, 2026 definitive-agreement announce (same $400 million; then expected Q4 2026 close), as of this source check.
Eurofins Scientific said it has completed its acquisition of Element Materials Technology's Life Sciences Testing Services business in North America, with the closing taking place on October 1, 2026, for an enterprise value of $400 million restated on the closing disclosure.
Eurofins closed its purchase of Element Materials Technology's North American Life Sciences Testing Services business on October 1, 2026 — a company closing disclosure, not another pending-deal update.
Closed on October 1
Eurofins Scientific SE (EUFI.PA; Paris: ERF) said it has completed the acquisition of the Life Sciences Testing Services business in North America of Element Materials Technology ("Element"), with the closing taking place on October 1, 2026. The closing release is posted on Eurofins' media-centre press-releases page. The October 2 closing release restates that the transaction was announced on July 20, 2026 for an enterprise value of $400 million.
The closing release describes the acquired business as providing Biopharma product testing, Environmental testing, and Food testing services through a network of 27 laboratories and facilities. It employs approximately 750 staff and is expected to generate annual revenues of over $150 million in 2026, with profitability similar to the Eurofins Group average — company expectations restated on the closing disclosure, not independently verified run-rate results.
The company says the acquired operations join Eurofins' BioPharma and Life businesses in North America and extend the laboratory network into key regions of the United States and Canada where Eurofins has historically been underrepresented. Clients are to gain access to the broader Eurofins service offering, and the acquired laboratories are to benefit from Eurofins' hub-and-spoke laboratory networks, with integration focused on continuity of service. CEO Dr Gilles Martin framed the close as welcoming Element's North American Life Sciences Testing Services teams onto Eurofins' "well invested, efficient and digital laboratories platform."
What the July 2026 agreement set
The October 2 closing release confirms consummation and restates the $400 million enterprise value. That same $400 million figure was disclosed when Eurofins announced an agreement on July 20, 2026, with the transaction then subject to customary conditions, including regulatory approvals, and expected to close in the fourth quarter of 2026 — now sealed by the October 1 close.
Readers should keep the layers straight: the October 2 closing release seals consummation of the October 1 close and restates $400 million enterprise value; July 20 is the agreement announcement and then-expected Q4 close context.
Distinct from the UL Solutions / Eurofins E&E closing
Separately on October 1, 2026, UL Solutions completed its acquisition of Eurofins Scientific's electrical and electronics business — a different closing already covered separately on TickerGrove. That deal is UL Solutions buying Eurofins E&E; this story is Eurofins buying Element's Life Sciences Testing Services business in North America for $400 million.
Why the close matters
An October 2 closing release turns the previously announced Element Life Sciences North America purchase into a sealed close for a Euronext-listed testing company deepening its core "testing for life" footprint in North America. For readers tracking laboratory-testing M&A, the distinction that matters is sealed closing versus signed-but-not-closed — this one closed on October 1 per Eurofins' October 2 closing release.
Sources & evidence
Primary closing disclosure: Eurofins Completes the Acquisition of Element Materials Technology's Life Sciences Testing Services Business in North America (Eurofins IR; close took place October 1, 2026). Supporting announce: Eurofins agrees to acquire Element Materials Technology's Life Sciences Testing Services business in North America (July 20, 2026; same $400 million enterprise value; then expected Q4 2026 close).
What the closing disclosure does not settle
The October 2 closing release does not independently verify post-close adjustments, synergy capture timing, EPS accretion amounts, stock-price reaction, or Element FY 2026 results beyond company expectations restated on that release.
Document trail
Sources & evidence
Sources used for this piece.
Eurofins Scientific SE
Company press release · 2026-10-02
Eurofins Scientific SE
Company press release · 2026-07-20
Visual brief
Verified figures
Sources & evidenceElement Life Sciences NA purchase enterprise value
$400M
USD
Completed 2026-10-01; enterprise value restated on Eurofins' October 2 closing release from July 20, 2026 announce
Eurofins Scientific SEEurofins Completes the Acquisition of Element Materials Technology's Life Sciences Testing Services Business in North AmericaCompany press release · 10-02-2026Element Life Sciences NA expected 2026 revenue
over $150M
USD
Company expectation for 2026 annual revenues stated on the closing disclosure
Eurofins Scientific SEEurofins Completes the Acquisition of Element Materials Technology's Life Sciences Testing Services Business in North AmericaCompany press release · 10-02-2026
Corrections
We do not silently rewrite a published line. Material corrections receive a visible correction note, and we preserve the article’s update history.
Discuss this story. Join TickerGrove on Discord to talk companies, earnings, and markets, or request future coverage.
