UL Buys S. Korean Safety Test Services Provider KBW

UL completed the acquisition of KBW, a South Korean-based provider of safety test services for consumer tech products and medical devices, said the buyer Monday: UL has been operating in South Korea more than 25 years and “continues to see this market as a key hub for technological innovation." Adding KBW enables UL to broaden its safety testing capabilities within the region, speeding customers’ time to market, it said. Transaction terms weren't disclosed.