24 May Clairfield advises Trescal on another crossborder acquisition
Trescal, the international specialist in calibration services, acquired Gero, a calibration services provider based in Cerquilho, in the state of São Paulo (Brazil).
Trescal, a Paris-based calibration specialist, provides a wide range of testing and measuring services for the equipment market. Trescal is present in 22 countries in the Americas, Europe and Asia, operating 138 calibration laboratories of its own and employing more than 3550 people worldwide. It serves 50,000 clients in the defense & aerospace, automotive, power generation and utilities, electronics, telecommunications, pharmaceutical, and chemistry sectors. Trescal has been backed by Omers Private Equity, the private equity investment arm of the OMERS pension plan from Canada, since 2018.
Gero was established in 1991 and prior to the transaction was still owned by its founders. The company provides a complete range of metrology services, from calibration services to total management of the client’s metrology system, permitting the client to maintain focus on its core business. Gero’s client portfolio encompasses Honda, ABB and Ford.
The acquisition of Gero reinforces the consolidation process of Trescal in Brazil, allowing Trescal to offer a complete portfolio of services to its clients.
Clairfield International acted as exclusive financial advisor to Trescal. This acquisition marks the third time that Clairfield International advised Trescal on an acquisition in Brazil, after the acquisitions of important local players Metrosul and MecQ. We are proud to serve as advisor of choice to multinational services leaders such as Trescal.
Deal team: Bertrand Hermez, Rodrigo Pasin, and Daniel Shiguihara