Transcat Establishes Calibration Presence in Ireland with Acquisition of Complete Calibrations and acquires Cleveland-based e2b Calibration
Summary
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held Galium Limited (d/b/a Complete Calibrations), effective September 28, 2022. First, it provides Transcat with a local calibration presence to support the robust and growing life science market in Ireland,” commented Lee Rudow, President and Chief Executive Officer. Transcat also operates as a leading value-added distributor that markets, sells and rents new and used national and proprietary brand instruments to customers primarily in North America. Our strategy is to leverage our strong brand and unique value proposition that includes our comprehensive instrument service capabilities, enterprise asset management, and leading distribution platform to drive organic sales growth. Except as required by law, the Company disclaims any obligation to update, correct or publicly announce any revisions to any of the forward-looking statements contained in this news release, whether as the result of new information, future events or otherwise.