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Element’s laboratories test the safety and compliance of materials used in the oil and gas, aerospace, industrial and transport sectors for customers such as Ford, GE and Boeing. In 2015, 3i sold its majority share to private equity firm Bridgepoint for £708m, with the remainder of the firm owned by management. Chief executive Charles Noall, 59, led the £620m acquisition of rival Exova in June last year.

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Company details
ActivityTesting services provider
LocationCentral London
Sales £m*414.0
Operating profit £m*52.0
Main shareholders

Bridgepoint (>50%), management (<50%)


If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda