French Firm Trigo Group Adds Two US Companies to Expand Quality Management Services
Trigo Group, a company based in France that provides inspection, quality training and consulting services to manufacturing firms throughout the world, has made two recent acquisitions in the United States.
The first was the purchase of Lumbee Enterprises in Greer, S.C., on July 23, and that was followed a week later by Supply Chain Services International in Peoria, Ill.
Lumbee provides inspection and subassembly operations for clients, inspecting or reworking more than 20 million parts a year for original equipment manufacturers and their suppliers.
The company was co-founded in 2001 by Colby Griffin and has been a portfolio company of Coughlin Capital since 2008.
SCSI also was started in 2001 by Pierre Lewin and Patrick Peronnet and has offices in the United States, Europe and Asia.
The company specializes in providing inspection and logistics services to OEMs and suppliers in the transportation industry.
Terms were not disclosed for either transaction, which are the fifth and sixth deals made by Trigo since the French company itself was acquired by the Paris-based private equity firm Ardian in 2016.
Trigo Group, founded in 1997, has more than 10,000 employees at 400 manufacturing sites in more than 20 countries. The business generates annual revenue of 350 million euros.
In a statement, CEO Mattieu Rambaud said the two U.S. acquisitions will expand the company’s geographic reach and service portfolio while helping customers address supply chain challenges.
Kevin Coughlin, managing partner of Coughlin Capital, said the St. Louis-based investment firm will stay involved as a shareholder in the combined enterprise. Trigo Group is based in Cedex, France.
