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RSS FeedsOMERS Private Equity enters into exclusivity with Ardian to acquire Trescal
(WorldNews Africa)


14 november 2017 15:59:02

OMERS Private Equity enters into exclusivity with Ardian to acquire Trescal
(WorldNews Africa)

London & Paris, 14 November 2017 -OMERS Private Equity, the private equity investment arm of the OMERS pension plan has entered into an agreement with Ardian, the independent private investment company, which grants exclusivity to OMERS to acquire a majority stake in Trescal (the `Company`), the leading international specialist for calibration services. The proposed transaction, which values the Company at approximately EUR670 million, is fully supported by Trescal`s management team headed by its CEO Olivier Delrieu. The proposed transaction will see the senior management make an equity re-investment into Trescal alongside OMERS Private Equity. The proposed transaction remains subject to...
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