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Trescal announced new Acquisitions13 October 2014 - Trescal, an international specialist in calibration services, announces the acquisitions of Calibration Solutions Inc., based in Cornelius (North Carolina) and the calibration laboratory of GES SIEMSA, based in Madrid, Spain. The acquisition of Calibration Solutions Inc., (11 employees including 6 engineers and an annual turnover of ~$1.7 million) allows Trescal to expand its footprint on the American market and expand its skills in pressure, temperature and torque. Calibration Solutions is A2LA accredited. GES SIEMSA calibration laboratory is located in Madrid and employs 21 people (15 technicians) with ~€1.5 million annual sales. The strong skills in temperature/ humidity, gas flow and optical will help Trescal better serve its clients in Spain. This is the second acquisition in Spain this year. The laboratory is ENAC accredited. These deals were completed with the support of Trescal’s majority shareholder, Ardian, the premium independent private investment company. These acquisitions are the eighth and the ninth build-up following Ardian’s take over of Trescal in July 2013. Thibault Basquin, Managing Director in the Mid Cap Buyout team at Ardian, said: “These two new acquisitions are key parts of the external growth plan for Trescal. They are a perfect fit for our strategy and highlight our ambitions for the company. Not only do they bring greater technical expertise to Trescal but they also reinforce the group's position in two key geographies. We are looking forward to continuing to support Trescal in its development.”
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