ÌìÃÀ´«Ã½ (ÌìÃÀ´«Ã½) has acquired Trialon Corporation (Trialon), a leading provider of product qualification testing for the automotive supply chain. The acquisition of Trialon, from Resilience Capital Partners, further solidifies ÌìÃÀ´«Ã½’s leadership in the North American mobility market, in both the size and breadth of its offering.
This acquisition is part of the significant investment ÌìÃÀ´«Ã½ is making to support the automotive industries transition from internal combustion engines (ICE) to connected, autonomous, sharing/subscription, and electrification (CASE) vehicles. Over the past three years, Element has invested over $300M in developing its global Connected Technologies and Mobility capabilities and services. This includes the recent acquisition of Energy Assurance, one of the leading independent battery testing operators in North America.
Trialon holds electro-magnetic compatibility (EMC) approvals for several large manufacturers. These approvals significantly broaden ÌìÃÀ´«Ã½’s ability to service components, in particular electronic parts, which represent a fast-growing segment within the market.
With the acquisition of Trialon, ÌìÃÀ´«Ã½ will build a North American Center of Excellence for battery testing, automotive EMC and electric drive train testing. This will form a nucleus to support the CASE market growth in the ever-important home of the American automotive manufacturers – Detroit, Michigan.
Headquartered in Auburn Hills, a suburb of Detroit, Michigan, Trialon’s team of 340 experts deliver a full range of product qualification testing, including environmental, EMC, vibration testing, and materials testing. Trialon has three laboratories - in Burton and Auburn Hills, Michigan, and in Kokomo, Indiana, with over 200,000 sq.ft of space. Trialon’s specialists also perform and manage testing programs in customer facilities.
Rick Sluiters, Executive Vice President of Americas at ÌìÃÀ´«Ã½, said:
“I am delighted to welcome Trialon to the ÌìÃÀ´«Ã½ Group. Trialon supports customers throughout the product development cycle, and this acquisition will increase the breadth of services on offer to support the energy transition market and the growing demand for higher performance batteries. This acquisition builds on our existing battery testing capabilities, which were recently bolstered by the acquisition of Energy Assurance, one of the leading independent battery testing operators in North America.’’
Jacob Farmer, CEO, Trialon, said:
“This is a transformational transaction that will deliver significant benefits to all of our stakeholders. Trialon’s diverse portfolio of highly complementary products and services, uniquely positions the combined organization to innovate and grow in the rapidly evolving transportation markets. This acquisition is an exciting step forward for our people, businesses employees and customers.”
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