Eurofins rises on 575 million euro unit sale

UL Solutions

14/04/2026 08:43

** Shares in French testing and laboratory services provider Eurofins Scientific EUFI.PA rise 4.5% after it agreed to sell its electrical and electronic testing unit

** The group will sell MET Labs to UL Solutions ULS.N for an enterprise value of 575 million euros ($677 million)

** Eurofins said the divestment allows it to focus on its core businesses, with proceeds to be used for debt reduction, acquisitions and share buybacks

** The stock is on track for its best day since January 5, when it closed 8.3% higher, and among top performers on Europe's benchmark Stoxx 600 index .STOXX

(dimitri.rhodes@thomsonreuters.com)

((Reporting by Dimitri Rhodes in Gdansk))