Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce that Trescal Group, one of the leading calibration solution providers in France acquired Standard Calibration Technology Institute (SCTI).
Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world (29 countries worldwide) by acquiring various international calibration technical service providers to become a worldwide specialist in calibration service, repair offering, software solutions, and technical consulting. Trescal Group is positioned as an unrivaled leader in the field of precision calibration equipment.
Standard Calibration Technology Institute (SCTI) is a professional calibration institution that calibrates various instruments used in industrial sites. It calibrates 238 items in 33 divisions in 8 major categories, including length, mass, force/torque, pressure/vacuum, time/frequency, electromagnetism/electromagnetic wave, temperature/humidity. It is located in Danwon-gu, Ansan-si, and provides on-site calibration services to clients in Korea. Trescal acquired Standard Calibration Technology Institute (SCTI) for its Bolt-on strategy to expand its calibration business in Korea.
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.