Announced
Financials
Tags
Friendly
Private Equity
Private
Pending
Majority
Asset Managers and Custodians
France
measurement services
calibration
asset management
Cross Border
Acquisition
Single Bidder
Synopsis
EQT Infrastructure, an infrastructure fund, agreed to acquire a majority stake in Trescal, a provider of essential and regulated calibration services, from OMERS, a Canadian public pension fund. Financial terms are not disclosed. "EQT Infrastructure has followed Trescal for a long time. We are deeply impressed by the management team's achievements in creating a global leader in calibration laboratories with a differentiated one-stop-shop offering to serve its customer's requirements. We believe EQT's track record of building global companies, industrial DNA, and value-add approach strongly positions us to support the Company in its next phase of growth," Christoph Balzer, EQT Infrastructure Partner.
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