LOCUS ADVISES TRESCAL GROUP IN ITS ACQUISITION OF HANKOOK CAL-LAB

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 Hankook Cal-Lab.

Founded in 1999 in France, Trescal Group has rapidly expanded its business coverage in the world (30 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.

Hankook Cal-Lab is a professional calibration laboratory that provides calibration services for a wide range of measuring instruments used in industrial settings. Its services cover 265 items across 30 subcategories in 8 major categories, including length, mass, time/speed, electricity/electromagnetic waves, temperature/humidity, acoustics/vibration, photometry/optical communications, and chemical analysis. In particular, the company has established the widest range of fixed-point cell and SPRT calibration systems in Korea, with contact thermometry calibration measurement uncertainty levels equivalent to those of the Korea Research Institute of Standards and Science (KRISS). Headquartered in Seoul, Hankook Cal-Lab primarily provides in-house calibration services. Trescal has acquired Hankook Cal-Lab as part of 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.