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OMERS-backed Trescal buys Classic Technology and CATLab

Trescal, backed by OMERS Private Equity, has acquired Classic Technology in Ireland and CATLab in the US, both life sciences-focused calibration businesses.

Trescal, backed by OMERS Private Equity, has acquired Classic Technology in Ireland and CATLab in the US, both life sciences-focused calibration businesses. No financial terms were disclosed. The acquisitions are the 34th and 35th since OMERS invested in 2018. Based in Paris, France, Trescal is a calibration services provider.

PRESS RELEASE

Paris, France – January 27, 2022 – Trescal, the global leader in calibration services, announced the acquisition of Classic Technology Ltd in Naas, Republic of Ireland, and CATLab in Virginia and North Carolina, USA. These two companies add €6 million in total sales. They are the 34th and 35th since OMERS invested in April 2018.

The addition of Classic Technology allows Trescal to establish its presence in the Republic of Ireland, the 27th country for the Group. Established in 1997, Classic Technology is one of the largest Irish calibration companies. It specializes in life sciences, especially the pharmaceutical and medical device industries.

Founded in 1989, CATLab also specializes in the life science sector and offers accreditations in six domains including pressure, vacuum, temperature, humidity and flow. With the addition of its two laboratories, Trescal will now operate from five locations in Virginia and North Carolina, extending its geographic coverage in the American Southeast
Guillaume Caroit, Trescal CEO: “These acquisitions illustrate our will to develop our presence in the life science sector. We plan to reach 30% of our turnover in this industry by year end. We are also proud to penetrate the Republic of Ireland, our 20th new country since 2008.”

ABOUT TRESCAL
Trescal is the global leader in calibration services. It offers an array of industries a single-source solution for calibration, measurement, repair, qualification, validation and asset management across the globe. Its technicians and experts carry out accredited and non-accredited services for all measured variables and measuring instruments in all technical domains. Trescal’s 4,100 team members perform more than 3.3 million operations per year, including 27,000 repairs across 150,000 types of instruments and 20,000 brands. To learn more visit trescal.com.