Private equity firm 3i Group has announced it plans to buy Stork Materials Technology, the materials testing business from Dutch company Stork for £130 million ($205 million). Stork Materials Technology is a material testing business, which has a network of laboratories – eight are in the Netherlands, and 15 in the US – that provide industries in Europe and the US with data about their products and materials. “It is a great sector,” said Andrew Olinick, a principal at 3i. “A lot of governments have said: ‘If you want to be in the aerospace sector you need to test everything

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In