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OMERS Snaps Up French Testing Co. Trescal In €670M Deal

Law360, New York (November 14, 2017, 3:01 PM EST) -- OMERS Private Equity said Tuesday that it will buy Paris-headquartered calibration services provider Trescal SA from private equity parent Ardian in a deal that values the company at €670 million ($788.6 million). 

OMERS — the private equity arm of Ontario's municipal pension plan — will take over Trescal’s calibration, testing and maintenance of measurement equipment business, which is used in the aerospace, automotive and telecommunications industries, among others. Trescal operates in 22 countries throughout Europe, North and South America, and Asia, where it employs more than...
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