OMERS Private Equity, the pension fund’s investment arm, is acquiring a majority stake in metrology services company Trescal.
It has “entered into an agreement with private equity company Ardian” for the transaction, reports Benefits Canada. The company “provides metrology services in 22 countries across North and South America, Europe and Asia. It services include the calibration and maintenance” of test and measurement equipment.
“We have followed Trescal since 2014 and have been impressed by the quality and track record of Trescal’s management team lead by Olivier Delrieu,” Jonathan Mussellwhite, co‐head of OMERS’ private equity arm in Europe, is quoted saying.
More: Company’s footprint expanded to new continents.

ARIA provides a forum for an informed discussion on retirement income adequacy, and other related issues, including pension and retirement coverage, and defined benefit pension plans – ARIA pensions blog, 12 Dunlop Street, Barrie, ON, L4N 1V6 – sitemanager@ariapensions

About the Author

Hi. I am an experienced writer, editor, blogger and communications strategist, providing online and print content solutions