
Omers' Trescal Group bolts on four peers
Omers-backed Trescal Group, a France-based specialist in calibration services, has completed four acquisitions of peer businesses based in South Korea, Australia, Brazil and the UK.
Trescal has expanded its geographical coverage within the Asia-Pacific region with the acquisition of Korea Testing Instruments Calibration Center (KTICC) in South Korea and IPAC Solutions in Australia. It has also broadened its offering in Brazil with Instituto Amazonense de Metrologia (IAM) and has added a 3D contactless measurement capability with the acquisition of Physical Digital in the UK.
Trescal was bought by the Canadian pension fund Omers from Ardian in late 2017, when it was valued at approximately €670m. Since then the group has made 21 acquisitions to accelerate its international development strategy. These include the acquisitions of MATSolutions in the US and NorthLab in Asia in Q4 2018.
Company
Founded in 1982, KTICC employs 57 people and generates a turnover of €5.3m. Based in Seoul, the laboratory has developed expertise in fibre optics, electrical, gas detection, dimensional measurement and temperature.
IPAC Solutions was founded in 1988, employs 41 people across its sites in Sydney, Melbourne and Brisbane, and has a turnover of €6.1m. The business services clients from the food and life sciences industries, and its main technical fields are temperature, humidity, pressure and flow, mostly carried out on-site. This acquisition complements ACS, the first deal made by Trescal in Australia, in May last year. The deal will further strengthen the group's single-source offering on the Australian market.
The acquisition of IAM, created in 1997 and located in Manaus, solidifies the position of Trescal in the Amazonas State following the acquisition of Setting in June last year. IAM employs 16 people and has a turnover of €500,000. It provides in-house and on-site metrology services in seven accredited parameters.
Founded in 2005 in Guildford, Physical Digital specialises in 3D contactless measurement for the automotive, energy and aerospace sectors. The company employs 12 people and has a turnover of €1.2m.
People
Trescal Group – Guillaume Caroit (CEO).
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