NMi Group has acquired Minerva Metrology and Calibration
Amsterdam – CFI is pleased to announce it acted as the exclusive corporate finance advisor to NMi Group (‘NMi’), a portfolio company of Levine Leichtman Capital Partners (‘LLCP’), in the acquisition of Minerva Metrology and Calibration (‘Minerva’).
About NMi
NMi, located in Delft, the Netherlands, is a leader in mission-critical product Advisory, Testing, Inspection, Certification, and Calibration (ATICC) services essential for asset management across various industries. NMi holds numerous accreditations and designations aimed at guaranteeing measurement accuracy and reliability in fast-growing markets driven by themes such as Energy Transition, Connectivity & Digitalisation and NextGen Mobility. With strategic acquisitions and ongoing innovations, NMi is committed to playing a leading role in Measuring Tomorrow’s equipment.
About Minerva
Minerva, headquartered in Amersfoort, the Netherlands, is a trusted provider of accredited calibration services with over 30 years of expertise. Specialising in high-end pressure calibration and other applied metrology services in the EMEA region, Minerva ensures precision and reliability through its ISO/IEC 17025 accredited laboratory, equipped with state-of-the-art pressure references. As exclusive distributor of Fluke in the Benelux region, the company caters to diverse industries.
About the transaction
This strategic acquisition by NMi underscores its commitment to enhancing services across the full product value chain through its buy-and-build strategy. Minerva, with its ISO/IEC 17025 accredited laboratory, expands NMi’s services in the Benelux and DACH regions, ensuring top-tier quality assurance. As a Fluke Reseller, Minerva also enhances NMi’s capabilities, offering high-quality calibration equipment. Joining forces with NMi allows Minerva to expand its reach and capabilities, leveraging NMi’s resources to further enhance its offerings and better serve its clients.
CFI’s role in the process
With a longstanding relationship and successful collaborations on three previous acquisitions, NMi invited CFI to facilitate the search for another calibration services partner in the Testing, Inspection, Certification and Calibration (TICC) sector. CFI managed the entire process, culminating in the successful acquisition of Minerva on 24 June 2024.
Yvo Jansen, CEO of NMi: “We have collaborated with CFI on previous transactions, and their expertise and support, particularly in the TICC sector, have been solid. Their thorough approach to analysing the international market and identifying potential targets was highly effective. We are very pleased with the acquisition of Minerva, whose reputation for quality and expertise aligns seamlessly with NMi Group’s vision. This acquisition strengthens our presence in the Benelux region and reinforces our commitment to delivering leading calibration services worldwide across the product value chain.”
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Transaction details
NMi, the leader in mission-critical product Advisory, Testing, Inspection, Certification, and Calibration (ATICC) services, has acquired Minerva, a trusted provider of accredited calibration services and other applied metrology services
This transaction was advised by:
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