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Transcat ( (TRNS) ) just unveiled an update.
Transcat, Inc. has acquired Martin Calibration LLC for $79 million, marking its largest acquisition to date. This strategic move expands Transcat’s geographic reach in the Midwest, enhances its capabilities, and is expected to strengthen its market position in the medical device and life science sectors.
More about Transcat
Transcat, Inc. is a leading provider of accredited calibration and maintenance services, targeting highly regulated industries such as Life Sciences, Aerospace, and Energy. The company offers a range of services including calibration, reliability, and quality compliance, supported by a distribution network for professional-grade instrumentation across North America.
YTD Price Performance: -5.39%
Average Trading Volume: 73,943
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $951.6M
For detailed information about TRNS stock, go to TipRanks’ Stock Analysis page.
