OMERS-owned Trescal closes four acquisition deals

Trescal SA, recently acquired by OMERS Private Equity (OPE), has closed acquisitions of four calibration specialists. The companies acquired are Vale Balanças of Brazil, Aicher Kalibrierdienst of Germany, Atlas Copco‘s calibration activity in Germany, and Boston-based Massachusetts Metrology. OPE agreed to buy a majority interest in Trescal, a Paris-based provider of calibration services for the test and measuring equipment market, last November. The €670 million (US$787 million) deal closed this week.

PRESS RELEASE

Trescal Annouces Four Acquisitions in Brazil, Germany and the United States

04/05/2018

HOWELL, MICHIGAN – Trescal (www.trescal.com), the international specialist in calibration services, announces the acquisitions of Vale Balanças in San Jose dos Campos (Brazil), Aicher Kalibrierdienst in Biberach (Germany), Atlas Copco calibration activity in Germany and Massachusetts Metrology in Boston (USA). These acquisitions will add circa €6m turnover to the Group.

Founded in 2009 in Sao Jose dos Campos, Vale Balanças, IPEM accredited, provides calibration and maintenance services for scales up to 80 tons and employs 7 people. The two founders, Ademir Pereira and Julio Cesar Moraes, will remain with Trescal at their current positions.

Founded in 1997 and based in Biberach, Aicher Kalibrierdienst is a DakkS accredited calibration laboratory specialized in the Life Science industry and employs 10 people. The founder and current CEO, Mr. Aicher, will remain at its current position to develop the Life Science portfolio for Trescal in Germany. The calibration activity of Atlas Copco is a three laboratories DakkS accredited entity which operates from Wetzlar, Kiel and Munich. These one-stop-shop laboratories have good capabilities in electrical and mechanical calibration and employ 36 people for a turnover of €3,5m.

Founded in 1977 and based in the Boston area, Massachusetts Metrology is an A2LA accredited calibration laboratory specialized in temperature and pressure, notably heat treatment according to the AMS 2750E standard for the aerospace industry. Massachusetts Metrology employs 8 people and is active in the aerospace, food and pharmaceuticals industries. Richard Rothstein, the current CEO and owner will remain at his current position to continue the development Trescal in Massachusetts.

These acquisitions are the 28th, 29th, 30th and 31st acquisitions since the change of ownership to Ardian in July 2013.

ABOUT TRESCAL
Trescal (www.trescal.com), international specialist in calibration provides a broad range of services for the test and measuring equipment market. Trescal are represented in 22 countries: Austria, Belgium, Brazil, Canada, Czech Republic, Denmark, France, Germany, Italy, Luxemburg, Malaysia, Mexico, Morocco, Singapore, Spain, Sweden, Switzerland, the Netherlands, United Kingdom, United States, Romania and Tunisia. Supplementing the standard technical services (verification, calibration and repair of T&M instruments), Trescal offer their expertise for the implementation and acquisition of measurement systems, customized equipment pool management software solutions, metrology and technical support, and training. Trescal operate in +120 owned calibration laboratories and employ over 3100 people across the world. Trescal service 40 000 customers in various sectors such as Defense, Aerospace, Aeronautics, Automotive, Power Generation & Utilities, Electronics Manufacturing, Communications and Medical & Chemistry. Trescal’s Pro Forma sales reach circa 290 million Euros.

Photo courtesy of Trescal SA