Mérieux NutriSciences announces the acquisition of the food analysis activities of Bureau Veritas – 07/10/2024 at 08:55

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(AFP / LIONEL BONAVENTURE)

Mérieux NutriSciences, a food safety monitoring company 70% owned by the Mérieux Institute, announced on Monday the signing of an agreement to acquire the global analysis activities of Bureau Veritas for an enterprise value of €360 million. euros.

“Through this transaction, the company will reach $1 billion in revenue” and strengthen its global geographic presence, “expanding its operations to 32 countries and doubling its presence in Canada and the Asia-Pacific region “, indicates Mérieux NutriSciences in a press release.

The agreement concerns the food laboratory analysis activities, in other words “microbiological and chemical analyzes and molecular tests”, of the French company Bureau Veritas specializing in inspection, certification and food control services. compliance.

Furthermore, “Mérieux NutriSciences is in advanced discussions with AsureQuality, a recognized player in food safety based in New Zealand, to continue the joint ventures currently existing between Bureau Veritas and AsureQuality in Australia and South Asia. -East,” according to the press release.

In addition to analyzes to detect the possible presence of contaminants in food, Mérieux NutriSciences also offers other services to players in the food industry such as risk consulting, regulatory services to verify product conformity and analysis. of the environmental footprint of products and packaging.

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