This acquisition by UL Solutions expands its global testing, simulation and certification expertise in Europe for products that support the adoption of renewable energy and electric vehicles.
NORTHBROOK, Ill., Aug. 22, 2023 /PRNewswire/ -- UL Solutions, a world leader in applied safety sciences, today announced the acquisition of CERE, a Madrid-based third-party testing, simulation and certification company owned by private.
"One of the most pressing global issues is reducing carbon emissions to mitigate the effects of climate change on people and the planet," said Jennifer Scanlon, President and CEO of UL Solutions Inc. "This acquisition deepens our global capabilities in support of energy transition goals".
The acquisition allows UL Solutions to expand its grid code compliance testing, grid simulation and certification services for inverter-based resources that support the adoption of renewable energy and electric vehicles in Europe. In addition, the acquisition also enhances UL Solutions' electromagnetic compatibility (EMC) and safety services for renewable energy and medical devices.
"With the power industry globally accelerating its transition to sustainable energy, we are pleased that this acquisition enables us to offer expanded grid code compliance and grid simulation testing and certification capabilities," said Weifang Zhou, executive vice president and general manager of Testing, Inspection and Certification, UL Solutions. "CERE supports our mission to work for a safer world while enabling us to meet our customers' needs for market readiness, global market acceptance, risk mitigation, security, and performance assurance."
Founded in 2015, CERE is an independent testing, simulation and certification company focusing on renewable energy, industrial, electrical and electronic machinery and products.
"CERE's expertise in renewable energy, its reputation for excellence and its dedication to strong client relationships make the company an ideal fit for UL Solutions," said Miguel Martínez, CEO of CERE. "We are excited to join UL Solutions and apply our expertise to join the organization's more than 15,000 employees working towards a safer world."
The transaction closed on August 18, 2023.
About UL Solutions A world leader in applied safety sciences, UL Solutions transforms safety, security and sustainability challenges into opportunities for clients in more than 100 countries. UL Solutions provides testing, inspection and certification services, along with software products and consulting offerings, that support our customers' product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our mission of safety. We help our clients innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.
Media Contact: Steven Brewster UL SolutionsULNews@UL.com 1 847.664.8425
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