Element Materials Technology B2B PR

Element moves up 89 places on Sunday Times HSBC International Track 200

19th February 2020

Element Materials Technology (Element) is pleased to confirm that following another successful year it has been listed in the Sunday Times HSBC International Track 200 for the second time in a row, moving from 143rd to 54th position.

Element is one of the world’s leading independent providers of materials and product qualification testing, inspection and certification services with over 6,700 employees that work across 195 laboratories in 31 countries.

The second time listing on this prestigious track reflects the eighth successive year of sustained and revenue and EBITDA growth for Element, driven by first-class customer service, exceptional expertise and impressive acquisitions across the Aerospace, Transportation and Connected Technologies sectors.

Over the last year, Element has significantly expanded its geographical reach by opening  new aerospace laboratories in Shanghai, China and Greenville, South Carolina and acquiring businesses with laboratories across the US, the UK, Germany, Japan South Korea and Taiwan.

Published on the 16th of February in the Sunday Times, the International Top Track 200 ranks Britain’s mid-market private companies with the fastest-growing international sales, measured over their latest two years of available accounts. 

Jo Wetz, CEO of Element, commented: “We are delighted to have been included in the Sunday Times HSBC International Track 200 for the second year in a row. Our improved place in the league table reflects our continuous growth over a sustained period, which is a testament to our world-class expertise; ability to understand and respond to our customers’ evolving needs; and the global reach of our laboratory network. The recent acquisition of PC TEST, a premier research and development, certification, and testing business in the mobile device, wearables, and network connectivity sector, signals our commitment to continue investing in dynamic and exciting markets.

“Featuring in this prestigious league table again and moving up 89 places confirms that we are on the right track for our ambitious growth plans and delivering our vision, to become the world’s most trusted testing partner.”