Client: Element is a company with a global presence; its laboratories are staffed by experts specializing in materials testing, product qualification testing and failure analysis for the Aerospace, Oil & Gas and Transportation and Industrials sectors. Element’s team of 1,800 scientists, engineers and technicians work in 51 laboratories located throughout the U.S. and Europe. This transaction marks Element’s second major acquisition of this year and significantly expands their capabilities and capacities in the Aerospace sector, helping them to further their business strategy to become a recognised market leader.
Lawyers: David Davies (Partner) led the team assisted by Natalie Knight-Wickens (Senior Associate). Lawyers from the Employment, Property and Public & Regulatory departments also assisted on this transaction.
Observations: This was a demanding transaction which saw the cross-departmental team at BWB work intensely to reach exchange of contract in less than two weeks.