Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of leading calibration solution provider in France acquired a controlling stake in Korea Testing Instruments Calibration Center (KTICC), a Korea’s calibration service provider. Locus acted as a sole financial advisor to Trescal Group in this transaction.
Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, and calibration training and consulting. Headquartered in Paris, France, Trescal Group is located in 24 countries, covering Europe, Americas, Asia, and North Africa.
Through acquisition of KTICC, which is a Seoul-based calibration solution provider, Trescal Group is planning to expand its operation into Korean market with customer diversification.
Locus acted as an exclusive financial advisor to Trescal Group by managing and executing the entire deal process together with accounting, tax, and legal advisors.