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Averna Acquires Test & Measurement Solutions

March 16, 2016
Inside GNSS, March/April 2016

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Montreal, Canada–based Averna, a developer of test solutions and services for communications and electronics device-makers, has acquired 100 percent of Europe-based Test & Measurement Solutions (T&M Solutions) for an undisclosed amount.

Averna’s main shareholders, Tandem Expansion and Caisse de dépôt et placement du Québec, both participated in the financing of this acquisition.

T&M Solutions develops multidisciplinary solutions to test, measure, inspect, assemble, and validate products in many segments of the production industry. Headquartered in Belgium and with offices in the Netherlands and Poland, T&M Solutions  has 100 employees, including 70 engineers with almost 50 National Instruments certifications.

This acquisition increases Averna’s global reach as well as provides a strong local presence in Europe. In addition, T&M Solutions brings expertise in semiconductor testing, vision inspection systems, and precision assembly to complement Averna’s existing solutions in RF signal generators and GNSS simulation.

T&M Solutions’ management, including current owners Roel Geraerts and Kurt Hensen, will continue to play key roles in operations and expansion plans for the European market, Averna said.

“Test & Measurement Solutions and Averna share complementary solution portfolios, clients and partners, so this is a real win-win arrangement for everyone,” said François Rainville, vice-president of sales & marketing for Averna.

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