Trescal SA has closed acquisitions of Gero of Brazil, MCS Laboratory AG of Switzerland and Integrated Service Solutions (ISS) of Philadelphia, Pennsylvania, all of them specialty providers of calibration services.
No financial terms were disclosed.
Trescal, a Paris-based calibration specialist and services provider to the testing and measuring equipment market, said the deals strengthen its market presence in Brazil, Switzerland and the United States.
Gero, MCS and ISS are the 12th, 13th and 14th acquisitions by Trescal since it was bought in 2018 by OMERS Private Equity, an investment arm of Canadian pension fund OMERS, in a deal valued at US$787 million.
PRESS RELEASE
Trescal Announces Three Acquisitions in Brazil, Switzerland and the United States
Paris, May 14, 2019. Trescal, the international specialist in calibration services announces the acquisitions of Gero in Cerquilho (Brazil), MCS Laboratory AG in Lucerne (Switzerland) and Integrated Service Solutions (ISS) near Philadelphia in the USA. These acquisitions will bring an additional turnover of circa 10 million Euros to the group.
Founded in 1991 in Cerquilho in the state of Sao Paulo, Gero holds the largest number of INMETRO accredited domains in Brazil. The laboratory provides in-house and on-site calibration services to the automotive, energy and electronics industries. It employs 64 people and its technical skills, particularly in acoustics, gas flow and radio frequency, enhance the technical capabilities of Trescal, consolidating its status as the leader in the Brazilian market.
With the acquisition of MCS, based near Lucerne, Trescal is strengthening its presence in Switzerland. The group’s technical offering has now been supplemented with new skills in temperature, humidity and pressure. The SAS -accredited laboratory founded in 2006 employs 4 people and specializes in the Life Sciences sector. The two founders, Hansrudolf Imhof and Werner Zgraggen, will remain in place to further the development of this entity.
The acquisition of ISS enables Trescal to expand its presence to Pennsylvania and to increase its expertise in pipette calibration and gas detection & concentration. It will strengthen the group’s ability to address the Life Sciences sector in the US. ISS was founded in 1988 and employs 51 people.
These are the 12th, 13th and 14th acquisitions since the change of ownership to Omers in April 2018.
ABOUT TRESCAL
Trescal is an international specialist in calibration and provides a broad range of services for the testing and measuring equipment market. Trescal is 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 its standard technical services (verification, calibration and repair of T&M instruments), Trescal provides expertise in the implementation and acquisition of measurement systems, customized equipment pool management software solutions, metrology and technical support, and training. Trescal operates 138 calibration laboratories and employs over 3,660 people across the world. Trescal provides
services to 50,000 customers in a variety of sectors such as Defence, Aerospace, Aeronautics, Automotive, Power Generation & Utilities, Electronics Manufacturing, Communications and Medical & Chemistry. Trescal has Pro Forma sales of 335 million Euros.
www.trescal.com
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