|MISTRAS Group, Inc. announces the acquisition of the GMA-Group (GMA-Holding AG), an established leader in the field of quality assurance, non-destructive and destructive material testing, and engineering services. With over twenty-five years of experience and over 500 employees, operating from eleven technical and testing centers located primarily in Germany, and with additional offices in the Netherlands and Spain, GMA serves its large national and multinational customer base in the aerospace, automotive, power and petrochemical industries.
For MISTRAS, GMA represents the company it has been seeking to establish its presence in Germany and to strengthen its overall position in central Europe and beyond, especially in the aerospace market. Combined, MISTRAS and GMA together employ over 1250 persons in Europe, immediately becoming the only "one source" solution provider for both non-destructive and destructive advanced services, products, systems, and engineered solutions in Germany.
Following the acquisition, GMA-Group has been officially renamed to MISTRAS-GMA. Udo Klibingat will continue to lead MISTRAS-GMA as their Managing Director and will hold the position as the Head of German Operations for MISTRAS Group, reporting directly to Dr. Sotirios J. Vahaviolos, Chairman and CEO of MISTRAS Group, Inc.
"We are excited about the service offerings and customer relationships that GMA brings to MISTRAS, not just in Germany but worldwide," said Dr. Sotirios J. Vahaviolos, Chairman and CEO of MISTRAS Group, Inc. "With MISTRAS' global reach, GMA now also has the ability to service their customers at our locations outside of Germany. We believe the GMA business will also benefit by servicing MISTRAS' existing multinational customers in Germany and providing a broader range of service offerings overall in Europe. GMA is very strong in the aerospace, automotive, power and chemical industries, prime markets that MISTRAS is targeting for growth."
The synergies between MISTRAS and GMA, including the culture, technology and vision are both strong and in full alignment and will serve all of our loyal employees and customers well now and into the future. Please join us in sharing the same excitement and welcoming Udo and Kirsten Klibingat and the rest of the GMA team to the MISTRAS family!