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UL Solutions Acquires Germany-Based Hydrogen Testing Company TesTneT; Terms Of The Transaction Are Not Being Disclosed At This Time

Author: Benzinga Newsdesk | July 09, 2024 08:31am

This acquisition enables UL Solutions to help advance the adoption of hydrogen-powered technologies globally.

UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced the acquisition of TesTneT Engineering GmbH, a Germany-based leader in hydrogen component and system testing, deepening our expertise in alternative fuels and enhancing our ability to impact global decarbonization efforts.

With headquarters outside Munich and a second location near Vancouver, Canada, TesTneT has a strong global customer base that includes the automotive sector and top-tier original equipment manufacturers of hydrogen components and systems.

Posted In: ULS

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