When 3i invested in Trescal in 2010, it saw a growing market for calibration and maintenance services in industries using complex machinery, and also spotted the company’s capacity to lead consolidation in the sector. 3i supported the acquisitions of businesses in Austria, the Netherlands, UK and US, and established in a new lab in Singapore. It also increased sales and profit margins through productivity improvements and better management of the company’s sales force and key global clients. As a result, Trescal grew twice as fast as its market, increasing sales by over 40% and more than doubling profits in the space of three years. 3i sold Trescal in 2013, at which point staff numbers had risen by 300 to over 1,500.
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