01 Nov NMI Acquires UK’s Young Calibration Ltd. in First Step of Buy-and-Build Strategy
NMI Acquires UK’s Young Calibration Ltd. in First Step of Buy-and-Build Strategy
01 November 2021
1 November 2021 – NMi today announced its acquisition of Young Calibration Ltd., a UKAS accredited calibration laboratory (Laboratory 0604) and component testing laboratory with unrivalled knowledge and experience in thermal fluid systems testing, component cleanliness and air flow calibration. This acquisition, closed on 26 October 2021, marks the first step in the NMi buy-and-build strategy.
“The Young Calibration acquisition strengthens our UK footprint and broadens our testing and calibration capabilities,” says Yvo Jansen, NMi CEO. “It’s unique expertise across multiple sectors, bolstered by technical knowledge, quality processes, and facility capacity provide excellent sales and operations synergies.”
New regulations in the automotive and motorsports sectors promise to usher in demand for increased testing requirements. Young Calibration Managing Director, Adrian Young, adds, “Given anticipated industry changes and the general growth of the calibration and thermal fluid systems market, NMi is a logical partner to help accelerate our growth with further accreditation services and expansion into the legal metrology field.”
Headquartered in Shoreham-by-Sea in the UK, Young Calibration also offers a strategic opportunity, post-Brexit, for both organisations to regain or expand market access for their OEM clients. Additionally, with the pace of change in the electrical vehicle market, Young Calibration UK facilities offer a solid basis to further expand NMi electrical vehicle charging system services and capabilities. NMi is delighted it’s been given the opportunity to invest, grow and work with the skilled team at Young Calibration.
“We are extremely pleased to support NMi in the completion of its first acquisition since LLCP investment in the company,” says David Cowan, LLCP Sr. Managing Director. “This is a highly complementary and exciting opportunity for the company to both expand their capabilities and their geographical reach.”
“We congratulate Yvo Jansen and his team on their first acquisition. When we invested in NMi we saw enormous potential in growing the company both organically and through acquisitions, and we are thrilled to see the success on both fronts.” Wouter Snoeijers, LLCP Managing Director.
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About NMi Certin B.V.:
Founded in 1937, NMi is the leading independent specialist for legal metrology testing and inspection services in Europe and a trusted brand globally. NMi specialises in type approval & certification, verification & calibration, and consultancy services, covering a broad range of advice on complex regulations and accreditations. Furthermore, NMi enables its clients to continuously improve and safeguard their data and operational technologies. NMi is based in Delft, the Netherlands, is active in over 200 countries and serves over 5,000 clients worldwide. NMi employs around 150 people globally.
About Young Calibration Ltd.:
Founded in 1996, the Young Calibration laboratory provides UKAS accredited calibration services (Laboratory 0604) and thermal fluid component testing services to a broad scope of industries whilst maintaining a reputation for quality, cost-effectiveness, impartiality, and reliability. The Young Calibration specialist UKAS accreditation offerings for aviation, automotive, medical, environmental, and pharmaceutical sectors provide worldwide acceptance for many ASTM, EPA, ISO, BSI, DIN and SAE standardised test protocols.