Trescal acquires Precision Metrology Inc.

Trescal, announces the acquisition of Precision Metrology Inc., a leading calibration services provider based in Wisconsin and Florida, US.

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 1980 and headquartered in Milwaukee, Precision Metrology is A2LA-accredited and has strong technical skills in dimensional, DC/Low Frequency, thermodynamics, and mechanical/dimensional repair. With a turnover of around $11 million, the company employs around 90 people and is mostly active in the Utilities, Aeronautics and Life Science sectors.

Precision Metrology’s founder, Carol Shipley, will remain in her current position to continue leading the growth of the business in the coming years.

This acquisition will bring Trescal’s portfolio in the US to 15 calibration laboratories, with over 400 employees. It is the 16th acquisition since Ardian became its majority shareholder in July 2013.

Guillaume Caroit, Trescal Deputy CEO, said: “The acquisition will allow us to strengthen our position in the Great Lakes area as well as in Florida. The strong technical skills and the leading and young management team are key assets for our development in the USA.”

Carol Shipley, President Precision Metrology, added: “We are a robust and mature calibration laboratory with a strong history in the industry serving our customers for 36 wonderful years. We are proud to become part of Trescal and will continue to strive and exceed our customers and our new owners expectations.”

Kathy Boyd, President Trescal Inc. said: "We are very excited to have Precision Metrology as part of the Trescal US organization. The years of experience, breadth of capabilities and services they provide to their customers will be a great addition to our offering."

Thibault Basquin, Managing Director Ardian Mid Cap Buyout, added: “This transaction fits perfectly with Trescal’s development strategy in North America. Both Ardian and Trescal follow an ambitious roadmap, with a view to accelerating external growth. This has continued to prove its efficiency with what is the 16th acquisition since we invested in the company.” 


Trescal awarded by Frost & Sullivan

Trescal, international specialist in calibration, has been awarded the accolade of ‘European Calibration and Repair Service Company of the Year’ in Frost & Sullivan’s 2016 Best Practices Awards. The award recognises Trescal’s commitment to growth and investment across Europe in addition to its continued use of best practices.

The prestigious award was announced following a detailed analysis of Trescal’s performance, added value, and innovation in the field. This was supported by Trescal’s continued acquisition-led growth and involvement in the European Metrology Research Program and European Metrology Program for Innovation and Research.

Olivier Delrieu, Chief Executive Officer at Trescal, said: “The calibration and repair industry must adapt to customer requirements, which is exactly what winning this Frost & Sullivan Best Practice Award recognises. By providing a one stop shop multi-service and multi-brand calibration and repair offering for our 35,000 customers, Trescal delivers best-in-class and now award-winning services.”

Apoorva Ravikrishnan, Research Analyst for Measurement & Instrumentation at Frost & Sullivan, said: “The cornerstone for Trescal’s customer service and support is the in-depth technical competence it has developed over many years in the calibration services market. Moreover, Trescal has relentlessly worked to be a complete calibration service partner to its customers by offering services and support from the installation and acquisition of measurement systems, computerized asset management solutions, to metrological and technical support and training.”

The award for ‘European Calibration and Repair Service Company of the Year’ will be officially presented to Trescal by Frost & Sullivan at an awards ceremony held in Paris later this year. 


Germany: Acquisition of Kalibrix GmbH

Based in Lüdenscheid, North Rhine Westphalia, with a second location in Luckenwalde, Brandenburg, Kalibrix provides One-Stop-Shop accredited services (Dakks) in dimensional and electrical low frequency and is also specialized in material testing machine calibration, which expands Trescal skill range. Kalibrix employs 25 people. The founder – Christian Michel – will stay in his current position to accompany the growth of the business in the coming years and ensure a swift and smooth integration of the company in Trescal.

Timo Grünewälder, Trescal German country manager said: “I am very happy about the Kalibrix-Team joining the Trescal network. Kalibrix not only enhances the Trescal footprint in Germany, with two excellent laboratories, but also brings two mobile calibration laboratories into the group and accreditations for material testing as well. Both companies’ customers will benefit from this acquisition.”

Christian Michel, Kalibrix CEO and Founder added: “Being a member of the Trescal Group gives us the strategic opportunity to develop our business. My colleagues and I are pleased to contribute our performance to the ongoing success of Trescal Group”


Trescal expands its footprint to Canada

Trescal, today announces the acquisition of Primo Instrument. This acquisition will bring €7m in additional turnover to the Trescal group.

Based in Montreal, Primo Instrument is a leading supplier of test and measurement equipment. A one-stopshop laboratory, the company offers the complete spectrum of calibration services and is A2LA accredited across its multiple practice areas. Primo employs 35 people and is mostly active in the aerospace and automotive sectors. Following the acquisition, Primo’s three founders – Pierre Tétrault, Michele Sardella and Tony Antonitti – will stay in their current positions to continue to lead the growth of the business.

Guillaume Caroit, Trescal Deputy CEO, said: “We are thrilled to have Primo Instrument joining Trescal. Canada has always been a target for our geographical expansion as a large number of the group’s aeronautics and space customers are already located in this country.”

Pierre Tétrault, the founder of Primo Instrument, added: “We were looking to be backed by a strong partner to continue our success story. Trescal brings us the expertise and the network we need to accelerate our growth. We are very proud to join what is the worldwide leader in calibration services.”

Thibault Basquin, Managing Director of Ardian Mid Cap Buyout, added: “Trescal begins 2016 just as it finished 2015: pursuing its ambitious growth strategy. Primo Instrument’s presence in Canada brings a new attractive country to the group and reinforces its presence in North America.”

This deal was completed with the support of Trescal’s majority shareholder, Ardian, the independent private investment company. This is Trescal’s 14th build-up following Ardian’s takeover in July 2013.