Under assessment · Notification · Phase 1 · day 17, due 27 Oct 2026
EQT Fund Management, for its EQT X investment fund, proposes to indirectly acquire sole control of Intertek Group Plc via a scheme of arrangement. Both are global service providers, with Intertek offering assurance, testing, inspection, and certification, and EQT's Trescal providing calibration services.
EQT Fund Management S.à r.l. ( EQT Fund Management ), acting as fund manager for and on behalf of the entities forming the investment fund EQT X, and its affiliates propose to indirectly acquire sole control of Intertek Group Plc (together with its subsidiaries, Intertek ) by way of a scheme of arrangement (the Acquisition ). EQT Fund Management is the alternative investment fund manager of EQT X, an investment fund forming part of the EQT group of investment funds ( EQT Funds ). EQT Funds’ portfolio companies are active in a variety of industries and regions. One of EQT Funds’ controlled portfolio companies, Trescal International SAS (together with its subsidiaries, Trescal ), is a global provider of calibration services to customers across various industries, including in Australia. Calibration services involve comparing the performance of testing and measurement equipment against a measurement standard to ensure accurate performance and compliance with relevant standards, and related equipment repairs (for example, if equipment fails a calibration test). Intertek is a global provider of assurance, testing, inspection and certification services to customers across various industries, including in Australia. As part of its broader service offering, Intertek provides calibration services primarily to customers in the oil and gas sector. Intertek is currently listed on the London Stock Exchange.