EQT, a global investment organization based in Stockholm, Sweden, through its EQT Infrastructure V fund, has acquired a majority stake in Trescal, a calibration laboratory company, from Ontario Municipal Employees Retirement System, which will remain a minority investor alongside EQT Infrastructure.
Headquartered in Paris, Trescal provides calibration services for testing and measurement equipment in a range of end markets such as transport, healthcare, telecom and other sectors. Trescal is an owner and operator of third-party calibration laboratories with a global network of over 380 facilities in 29 countries. EQT Infrastructure will support the development of Trescal and its growth opportunities in current and new markets.
“We are confident that together with EQT Infrastructure we have the right partner to drive the next phase of our global growth, further cement our leading market position, and continue to best serve our clients,” says Guillaume Caroit, CEO of Trescal.