Private Equity News UK – EQT in Talks to Take Over €1.4 Billion Calibration Firm Trescal
Private equity firm EQT is in talks to take over €1.4 billion calibration firm Trescal.
The deal would value the company at around €2 billion, and would be one of the biggest private equity acquisitions in Europe this year.
EQT has already invested around €500 million in Trescal, which makes it its largest shareholder. It will now seek to expand its presence through the acquisition of other businesses within the calibration sector.
Trescal is one of Europe’s largest calibration firms, with operations in over 30 countries. It provides services to a number of major companies, including Renault and PSA Peugeot Citroen.
The takeover is still subject to approval from Trescal’s shareholders and regulators. This is a big deal for private equity, as it signals the increasing interest in this type of investment in Europe.
Private Equity News UK
EQT is one of the biggest private equity firms in the world, and its acquisition of Trescal will give it a strong foothold within the calibration sector. This could lead to further deals being made within this sector, as private equity looks to take advantage of growing opportunities across Europe.
The deal would value the company at around €2 billion, and would be one of the biggest private equity acquisitions in Europe this year.
EQT has already invested around €500 million in Trescal, which makes it its largest shareholder. It will now seek to expand its presence through the acquisition of other businesses within the calibration sector.
Private Equity News UK
