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!