France’s Trescal SA has acquired Digital Measurement Metrology Inc (DMM), a Brampton, Ontario provider of installation, sales, service, training and calibration of precision measuring instruments. No financial terms were disclosed. Ardian, a European private equity firm that acquired Trescal in 2013, supported the acquisition. Calibration specialist Trescal said the deal will consolidate its geographical footprint and technical coverage in Canada. DMM’s founder, Bassant Gobin, will continue to lead the business. Trescal said it is now targeting opportunities on Canada’s west coast.
PRESS RELEASE
Trescal acquires Digital Measurement Metrology Inc.
Trescal is proud to announce the acquisition of Digital Measurement Metrology Inc. (DMM), a calibration services provider based in Brampton (Toronto – Ontario). The transaction consolidates Trescal’s geographical footprint and technical coverage in Canada. It has been completed with the support of Ardian, its majority shareholder.
Founded in 1989, DMM is a one-stop-shop L-A-B accredited laboratory with strong technical skills in dimensional, force and temperature. DMM employs 12 people, generates a turnover of 2 MCAD and is mostly active in the pharmaceuticals and aeronautics sectors.
Digital Measurement Metrology founder, Bassant Gobin, will remain in his current position to continue leading the growth of the business in the coming years.
Guillaume Caroit, Trescal Deputy CEO, said: “DMM acquisition allow us to be present in Ontario, a key state in Trescal’s development in North America. We are now targeting the Canadian west coast.”
This acquisition is the nineteenth acquisition since the change of ownership to Ardian in July 2013.
Source: Trescal SA
Photo courtesy of Trescal SA
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