Transcat Expands Instrument Service Business
The acquisition expands Transcat’s offering of analytical instrument services, which it initially gained through the 2012 acquisition of Anacore. In fiscal 2014, Transcat Service revenue increased 18.4% to $48.2 million, or 41% of total revenues.
Rochester, NY 6/22/15—Transcat, a publicly held provider of calibration and compliance services, has purchased Calibration Technologies for an undisclosed amount. Based in New Jersey, Calibration Technologies provides analytical instrument services, such as qualification, validation, calibration and repair, as well as sales and installation of refurbished equipment and GMP training. “Calibration Technologies deepens our presence in the life science industry by expanding the breadth and depth of our offerings and provides a valued customer base deeply rooted in the pharmaceutical industry,” said Transcat President and CEO Lee D. Rudow.
