Deal Announcement: Sale of MP Calibration to Torus Group

Symmetry Corporate Finance have advised the shareholders of MP Calibration Services on their sale to Torus Group, part of Industrial Physics a KKR business.

Industrial Physics are a leading test and measurement instrument provider and Torus is known for its strong portfolio in measurement for metal and rigid packaging in the food and beverage industries and has recently expanded into plastic packaging and medical devices. 

MP Calibration Services are a UKAS calibration laboratory accredited to the requirements of BS EN 17025: 2017 (General requirements for the competence of testing and calibration laboratories). Everything they do is underpinned by this ISO 17025 approval which assesses quality procedures and processes as well as technical competence

The acquisition of MP Calibration Services accelerates Industrial Physics’ and Torus Groups’ growth as a leading provider of calibration and metrology services to the UK market, cementing it’s position as a global leader.

Mark Lester and Martyn Yeoman, shareholders of MP Calibration Services commented: “We were delighted the Symmetry Corporate Finance team were able to generate significant interest to acquire our business from a number of bidders. It quickly became clear that Torus & IP were the natural home for our team and clients, sharing our commitment to excellent service and high standards.”

“The future is bright for MPC under new ownership and we are grateful to Jonathan and the team for their work to achieve this outcome”