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01/09/2016

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.” 

11/07/2016

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. 

07/01/2015

Trescal acquires GenCal in New Jersey (USA)

Based in Boonton, New Jersey, General Calibration Inc. (GenCal) is an ISO 17025 A2LA accredited one-stop-shop laboratory and employs 22 people for an annual turnover of ~3 M$. 

This acquisition allows Trescal to expand its footprint in the American market, strengthening its presence in the North East. It also reinforces its technical skills, particularly in electrical High Voltage calibration. GenCal’s management team will remain unchanged.

 Guillaume Caroit, General Secretary of Trescal Group, said: “We are very happy to welcome General Calibration within Trescal group. This acquisition shows our strong commitment to reinforce Trescal presence in the US. We aim at continuing at the same pace our acquisition strategy in North America in 2015.” 

This deal was completed with the support of Trescal’s majority shareholder, Ardian, the premium independent private investment company. This acquisition is the tenth build-up following Ardian’s take over of Trescal in July 2013, and the fourth in the United States in 2014.

ABOUT GENERAL CALIBRATION - General Calibration was incorporated in 1988 in Whippany, New Jersey. Since then, the three founders’ goal has been to provide the highest level of service excellence in calibration maintenance and repair of electrical measurement equipment. In 1996 the company moved to Boonton, in a 9 000 sq. foot state-of-the-art laboratory.

> Read the press release

02/10/2014

New acquisitions in North America and Spain

Trescal announces the acquisitions of Calibration Solutions Inc. (US) and the calibration laboratory of GES SIEMSA (Spain).

 

> Read the Press release