Element Materials Technology Acquires CTK Co., Ltd. in South Korea
August 2, 2023
Element Materials Technology has acquired CTK Co., Ltd., a South Korea–based testing, inspection, and certification (TIC) specialist focused on EMC, wireless, product safety and certification. The deal expands Element’s presence and testing capacity in Korea—adding CTK’s ~140 employees, multiple specialized test chambers and a new 4,400 m² Unhak 2 testing centre—to enhance connected technologies and mobility testing capabilities in the region.
- Buyers
- Element Materials Technology
- Targets
- CTK Co., Ltd.
- Industry
- Industrial Services
- Location
- South Korea
- Transaction Type
- Buyout
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