Four global acquisitions for leading calibration specialists
Jan 27 2020 Read 571 Times
Trescal Group have recently announced four acquisitions. The calibration specialists have expanded their geographical coverage within the Asia-Pacific by acquiring Korea Testing Instruments Calibration Center (KTICC) in Seoul, along with IPAC Solutions in Australia. Further more they have broadened their coverage in Brazil with the acquisition of Instituto Amazonense de Metrologia (IAM) and added 3D contactless measurement capability with the purchase of UK based Physical Digital.
Guillaume Caroit, Trescal’s CEO, stated: “These acquisitions reflect our strategy to support our clients around the world and our goal is to triple our size in the APAC countries by 2022 and to continue with the consolidation of the US market." Since being acquired by OMERS in 2018, Trescal Group has made 21 acquisitions thus rapidly accelerating its international development strategy. Founded in 1982, KTICC employs 57 people and has a turnover of 5.3 million euros. KTICC is accredited by the Korea Laboratory Accreditation Scheme and has developed expertise in fibre optics, electrical (DC/LF/RF), gas detection, dimensional and temperature. IPAC Solutions first opened its doors in 1988, they now employ 41 people at 3 sites in Sydney, Melbourne and Brisbane and has a turnover of 6.1 million euros. IPAC Solutions services clients from the food and life sciences industries and its main technical expertise is in temperature, humidity, pressure and flow, most of which is carried out on-site. This latest acquisition is complementarity with ACS, the first acquisition made by Trescal in Australia in 2019 and further strengthens their single-source offering for the Australian market. The acquisition of IAM, who were founded in 1997 and located in Manaus, strengthens Trescal’s presence in the Amazonas State following the acquisition of Setting in June last year. IAM employs 16 people, has a turnover of 0.5 million euros and provides in-house and on-site metrology services in seven accredited parameters.
Physical Digital were founded in England in 2005 and specialises in 3D contactless measurement for the automotive, energy and aerospace sectors. They are the first company in the world to be accredited by NADCAP, a project in collaboration with the United States for quality assurance in the aerospace and defence sectors. The company employs 12 people and has a turnover of 1.2 million euros.
Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.
In This Edition Business News - Krohne appoints new advisory board chairman and new executive board - Technology underpins Breathe London SMART 50 Award - UK-Norway initiative on ocean gree...
View all digital editions
Mar 01 2020 Chicago, IK, USA
Mar 04 2020 Beijing, China
Mar 09 2020 Memphis, TN, USA
Mar 11 2020 Guangzhou, China
Mar 16 2020 Dubai, UAE