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Transactions - NOVEMBER 28, 2022

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EQT Infrastructure V acquires majority stake in Trescal from OMERS

by Kali Persall

The EQT Infrastructure V fund has entered exclusive negotiations to acquire a majority stake in Trescal, a global leader in calibration laboratories, from the Ontario Municipal Employees Retirement System (OMERS). OMERS will remain a minority investor in Trescal alongside EQT Infrastructure.

Headquartered in Paris, Trescal provides essential and regulated calibration services for testing and measurement equipment in a diverse range of critical end-markets such as transport, healthcare, telecommunications and other sectors. Formerly part of Air Liquide and established as an independent company in 2007, Trescal is one of the world’s largest owners and operators of third-party calibration laboratories, with a global network of more than 380 facilities spanning 29 countries.

EQT Infrastructure said the demand for Trescal’s solutions are underpinned by industry trends, such as the increasing number and complexity of testing and measurement instruments, as well as more s

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