Trescal acquires Acucal Inc. in the USA
Trescal is proud to announce the acquisition of Acucal Inc., a leading calibration services provider present in Virginia, North Carolina, Arizona and Hawaii, USA.
This transaction consolidates Trescal's geographical footprint and technical coverage in the United States and has been completed with the support of Ardian, its majority shareholder.
Founded in 1987 and headquartered in Manassas, Virginia, Acucal is A2LA-accredited and has strong technical skills in DC / Low Frequency and RF / Microwave. Besides its four laboratories, the company also operates through a fleet of six state-of-the-art mobile laboratories throughout the country. With a turnover of around $ 5.3 million, the company employs 40 people and is mostly active in the Electronics, Aeronautics and Defense sectors.
Acucal's founder and managing director, Thomas Efaw, will remain in his current position and will report to Kathy Boyd, Trescal Inc. President.
With this acquisition, Trescal's network will include 20 laboratories in the US, with 450 employees. It is the 22nd acquisition since Ardian takeover in July 2013.
Guillaume Caroit, Trescal Deputy CEO, said: "We are thrilled with Acucal joining us. Their geographical presence is a perfect fit, particularly in Arizona and Virginia. Acucal's broad experience in operating mobile laboratories will provide flexibility and additional reach for the upcoming national tenders. "
Thibault Basquin, Managing Director Ardian Mid Cap Buyout, added: "This new acquisition demonstrates the commitment of Trescal's management and Ardian to actively pursue the strategy of targeted acquisitions in North America. The market is still very fragmented with strong possibilities for growth. This is another example of how Ardian supports its portfolio companies in their ambitious international development plans. "