IK Investment Partners (IK) has agreed to acquire a majority stake in Trigo, a Nanterre, France-based provider of components quality inspection and conformity upgrade services, from AtriA Capital Partenaires (AtriA).
The transaction is still subject to customary conditions.
With the support of IK, the company intends to strengthen its market position and diversify its service offering whilst continuing its international and sector expansion.
Trigo provides quality inspection services to automotive original equipment manufacturers on behalf of their suppliers. The company is present in France, Hungary, China and India, with expanding operations across Western Europe, Central and Eastern Europe, Russia, Asia (India and China) and Turkey.
Founded in 1997 and led by CEO Stéphan Pham since 2003, Trigo currently employs more than 3,500 people, located in 140 sites, to service 6,000 clients in the automotive, aeronautics and railway transportation sectors.
The company, which is already expanding its service offering to sectors such as electronics, electrical appliances, aerospace, railway and telecoms, intends to introduce new services such as engineering.