NORTHBROOK, Ill., Sept. 7, 2016 – UL, a global safety science leader, today announced the acquisition of Safeware Quasar, a market leader in chemical regulatory compliance software and consultancy solutions, to expand UL’s supply chain data management and global regulatory compliance expertise.
Safeware Quasar, a privately-held company based in Nottingham, U.K., is a recognized leader in developing and providing chemical compliance solutions to assist customers in meeting regulatory demands.
UL acquired Safeware to strengthen its ability to serve customers in Europe with leading compliance software and advisory services, extend supplier qualification offerings and enhance its safety data sheet distribution capabilities.
“Chemical regulatory compliance is a growing concern as consumers and regulators alike demand transparency and regulation of toxic chemicals,” said Carlos Correia, SVP and General Manager of Supply Chain and Sustainability for UL. “The combination of UL’s existing supply chain data management and global regulatory compliance services with Safeware will provide assurance to all stakeholders of the chemical value chain, and help clients keep up with an increasingly complex regulatory environment.”