OMERS-backed Trescal makes triple play

• Trescal has bought IKM Laboratorium, a provider of calibration and rental services of accredited calibration and measuring instruments
• The company has also acquired Metrosenzor in Romania
• It has also signed an agreement to acquire Metracal in Brazil, a service provider for Fluke electrical products

OMERS Private Equity-backed Trescal announced on Thursday that it has made three acquisitions. It has bought Tananger, Norway-based IKM Laboratorium, part of IKM Group, a provider of calibration and rental services of accredited calibration and measuring instruments.

As part of the deal, IKM Group and Trescal have entered a long-term partnership to continue exclusively serving IKM Group and its clients. The purchase of the company sees Trescal enter the Norwegian market in six locations, reinforcing its presence in the Nordics.

“With the acquisition of IKM Laboratorium in Norway, we enter our 29^th country,” said Guillaume Caroit, Trescal CEO. “Our ongoing partnership with IKM Group will foster further growth in the energy sector in Scandinavia.”

Trescal also announced the acquisition of Constanta, Romania-based Metrosenzor, a metrology service provider, and Metracal, a Sao Paulo, Brazil-based service provider for Fluke electrical products in Brazil.

Trescal, the Paris-headquartered calibration services company, has made 45 acquisitions since being backed by OMERS Private Equity in 2018.

OMERS Private Equity manages investments globally on behalf of OMERS, one of Canada’s largest defined benefit pension plans. As of December 31, 2021 it was managing C$19.8 billion ($15.0 billion; €15.0 billion) of assets. It has teams globally and invests across sectors including industrials, healthcare, business services and technology. It is headquartered in Toronto.