03.14.16
Averna, a developer of test solutions and services for communications and electronics device-makers worldwide, has acquired 100 percent of Europe-based Test & Measurement Solutions for an undisclosed amount.
Averna’s main shareholders, Tandem Expansion and Caisse de dépôt et placement du Québec (CDPQ), both participated in the financing of this acquisition.
T&M Solutions develops multidisciplinary solutions to test, measure, inspect, assemble and validate products in nearly all segments of the production industry. Headquartered in Belgium and with offices in the Netherlands and Poland, T&M Solutions is a National Instruments Gold Alliance Partner and has 100 employees, including 70 engineers with almost 50 NI certifications.
This acquisition increases Averna’s global reach as well as provides a strong local presence in Europe, enabling Averna to enter this market with a well-established and respected solution provider while giving it a springboard for further European deployments. In addition, T&M Solutions brings unique expertise in semiconductor testing, vision inspection systems and precision assembly to complement Averna’s existing solutions and industry strengths.
T&M Solutions’ management, including current owners Roel Geraerts and Kurt Hensen, will continue to play key roles in operations and expansion plans for the European market.
“This major expansion into Europe signals Averna’s strategic positioning to accelerate growth and become a truly global test engineering powerhouse. Test & Measurement Solutions and Averna share complementary solution portfolios, clients and partners, so this is a real win-win arrangement for everyone,” said François Rainville, VP of sales and marketing for Averna.
Averna’s main shareholders, Tandem Expansion and Caisse de dépôt et placement du Québec (CDPQ), both participated in the financing of this acquisition.
T&M Solutions develops multidisciplinary solutions to test, measure, inspect, assemble and validate products in nearly all segments of the production industry. Headquartered in Belgium and with offices in the Netherlands and Poland, T&M Solutions is a National Instruments Gold Alliance Partner and has 100 employees, including 70 engineers with almost 50 NI certifications.
This acquisition increases Averna’s global reach as well as provides a strong local presence in Europe, enabling Averna to enter this market with a well-established and respected solution provider while giving it a springboard for further European deployments. In addition, T&M Solutions brings unique expertise in semiconductor testing, vision inspection systems and precision assembly to complement Averna’s existing solutions and industry strengths.
T&M Solutions’ management, including current owners Roel Geraerts and Kurt Hensen, will continue to play key roles in operations and expansion plans for the European market.
“This major expansion into Europe signals Averna’s strategic positioning to accelerate growth and become a truly global test engineering powerhouse. Test & Measurement Solutions and Averna share complementary solution portfolios, clients and partners, so this is a real win-win arrangement for everyone,” said François Rainville, VP of sales and marketing for Averna.