LONDON, UK – February 22, 2021 - Element Materials Technology (Element) is pleased to confirm that it has retained its listing in the Sunday Times HSBC International Track 200 for the third time in a row at 161.
Published on 21 February in the Sunday Times, the International Track 200 ranks Britain’s mid-market private companies with the fastest-growing international sales, measured over their latest two years of available accounts.
After a long period of sustained revenue and EBITDA growth, driven by ever deeper customer relationships and a successful acquisition program, Element has developed into a true global player in the testing, inspection and certification sector. Present in 30 countries, its connected network of laboratories and the technical expertise of its people have delivered leadership in a wide range of end markets. Since the end of 2019 Element has built a stronger presence in the connected technologies and life sciences end markets, with its investments in PCTEST and ALG. Earlier this month it acquired Avomeen, a leader in analytical testing services, with expertise in pharmaceutical testing, biotechnology and FDA regulated consumer products.
Jo Wetz, CEO of Element, commented: “We are pleased to have retained our position within the Sunday Times HSBC International Track 200 for the third year in a row. Overall, 2020 was a tough year for many businesses and sectors, but Element continues to invest in growth. We have been proud to expand our capabilities in life sciences and connected technologies, which have had strong years and we launched our Digital Engineering business in January. It is our diverse portfolio which is helping us navigate the impact on some of our other end markets.
“We will continue to focus on growth and investment in innovation and expand our capabilities according to customer need. Our plans are ambitious, but with an even stronger team in place, we are confident of achieving them."
The Element Materials Technology Group is one of the world’s leading global providers of testing, inspection and certification services for a diverse range of materials, products and technologies in advanced industrial supply chains where failure is not an option. Headquartered in London, UK, Element’s team of more than 6,000 expert scientists, engineers and technicians operate from around 200 locations across five continents, delivering an extensive range of solutions to customers in critical industries including aerospace, connected technologies, construction, defense, digital engineering, energy and environmental.
In 2021 Element Digital Engineering was launched, moving Element a step closer to being a leader in engineering simulation, modelling, data science and artificial intelligence to solve complex industrial challenges.
Diana Milford, External Communications Manager
T: +44 (0) 131 333 8052
Devan LaBrash, Pagoda Public Relations
T: +44 (0) 131 556 0770
We will continue to focus on growth and investment in innovation and expand our capabilities according to customer need. Our plans are ambitious, but with an even stronger team in place, we are confident of achieving them.”