There’s a $34 billion deal in the works to create a testing and inspection giant
12 Articles
12 Articles
The year 2025 is off to a strong start for the two giants in the certification, inspection and laboratory testing sector. Just integrated into the CAC 40 index since December 20 at a price of 29.28 euros, the French Bureau Veritas and its Swiss counterpart, SGS, have acknowledged the holding of discussions around a project to combine the two groups intended to give birth to a giant in the sector twice as important. But be careful they warn at th…
Bureau Veritas in merger discussions with Swiss rival - India Seatrade News
Classification society Bureau Veritas (BV) has confirmed it is in discussions with Geneva-based SGS over a merger that could create a European testing and certification giant. “There can be no assurance that these discussions will result in a transaction or other arrangement,” the two groups said today following strong media speculation about the deal on Tuesday. SGS is a Swiss multinational company, which provides inspection, verification, test…
The Société Générale de Surveillance and the French Bureau Veritas want to join forces as intermediaries after 147 and 197 years respectively in global business. This also says a lot about the weakened development of world trade.
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