3I and TCR acquires Trescal from Astorg
Wagram Corporate Finance advised 3I and TCR
3I and TCR acquires Trescal from Astorg
Sector(s) : Services and B to B
Date : October 2010
Advisor(s) : Wagram
Advised : Buy Side
Mid-Capital partner Wagram Corporate Finance advised 3I and TCR
3I, funds managed by 3I, and TCR have signed an agreement to acquire Trescal, a European leader in calibration and measurement service solutions, from Astorg Partners. 3I and TCR, which will take a minority stake, will invest alongside management, led by Olivier Delrieu.
Trescal is a leading European service provider in calibration and measurement service solutions with over 50 laboratories across eleven countries including France, the UK, Italy and Germany. Headquartered in Paris, Trescal employs more than 1,200 and operates with a 15,000 client network; Including a developed range of sectors: defense, aerospace, telecommunications, transportation and automotive.
Since 2007, when Trescal was acquired by Astorg from Air Liquide, the company has made 8 acquisitions across 5 countries and has grown its turnover from Euro 70m to Euro 110m, reinforcing its leading position in the European market.
Wagram Corporate Finance team on Trescal operation :
Paul Le Clerc President, Bruce Bolleau Partner, Thibault Abeille Associate
Back to search