UL, a global safety science leader, announced the acquisition of Healthy Buildings International, Inc., a U.S.-based indoor environmental testing and sustainability services company with expertise in indoor environmental quality, sustainability services for green building certifications, energy audits and water audits.The acquisition enables UL to extend its sustainability and air quality expertise across the built environment value chain to building owners and expand in global markets.
Healthy Buildings is a privately-owned company whose services make buildings more valuable through indoor air quality, water and mold assessments that save owners money and heighten occupant productivity, and technical expertise that helps buildings achieve green building and wellness certifications to make them more marketable. Healthy Buildings conducts more than 4,000 annual indoor air quality inspections and has completed more than 1,200 projects that contribute to green building certification projects, building value for their clients’ building assets.
“Buildings have an enormous impact on sustainability, health and wellness,” said Alberto Uggetti, vice president and general manager, UL’s Environment and Sustainability division. “By combining our expertise in product health and sustainability and Healthy Buildings expertise in building health and sustainability, we will help product manufacturers and building owners realize more value and reinforce UL’s mission to make the world a safer place, while helping companies create and enhance their brand value.’’
Healthy Buildings’ employees will join UL’s existing Environment & Sustainability division and maintain offices in global locations including Marietta, GA, Fairfax, VA, Lake Forest, CA, Guangzhou, China, Cabiate, Italy, and additional global locations. UL’s global footprint will enable expansion of indoor air quality and building sustainability services into the EU and Greater China, where demand for building health and sustainability is growing.
“We are excited to join forces with UL to offer unparalleled expertise in indoor environment quality for buildings, and technical expertise to help our clients develop healthy, sustainable buildings,” said Healthy Buildings’ CEO Richard Silberman. “UL’s footprint will enable us to rapidly expand into global markets that have demand,” He continued, “Like UL, our primary focus is maintaining a high level of service to our existing clients, while providing them additional services and expertise to increase their assets’ value.”
The transaction closed on June 28, 2019. Terms of the acquisition were not disclosed.
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