3i and TCR Capital acquire Trescal from Astorg

The deal values the company at around €110m. Management also took a stake in the business alongside the private equity buyers.

3i and TCR were attracted by the company's recent growth in difficult market conditions, its strategy and potential for international expansion. They intend to drive Trescal's development by seizing acquisition opportunities and increasing its market share in Europe.

Astorg Partners backed the management buyout of Trescal from its parent company Air Liquide in 2007. Under its ownership, Trescal performed eight bolt-on operations and saw its turnover grow from €70m to €110m.

Headquartered in Rungis, Trescal provides calibration, equipment management and IT solutions to 15,000 clients in the telecommunications, automotive, defence, electronics, aerospace, energy, medical and chemical sectors. The firm employs 1,200 people across 50 laboratories located in 11 European countries.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• Buyouts
• Exits
• Industrials
• Secondary buyout
• 3i
• France