Mérieux NutriSciences acquires Bureau Veritas' global food testing business for €360M, creating a $1B revenue company.

Mérieux NutriSciences will acquire Bureau Veritas' global food testing business for EUR 360 million, creating a company with $1 billion in revenue. This deal enhances Mérieux's presence in Asia Pacific and Canada, opening new markets. Bureau Veritas aims to refocus through this divestment, aligning with its LEAP | 28 strategy. The transaction is set to close by the end of Q4 2024, pending regulatory approvals.

October 07, 2024
12 Articles