BIZTRACKS
Mérieux NutriSciences to Acquire Bureau Veritas’s Food Testing Business
On October 7, 2024, Mérieux NutriSciences announced that it entered into an agreement to acquire the food testing business of Bureau Veritas.
The scope of the deal encompasses Bureau Veritas' food laboratory testing activities, including microbiological and chemical analysis, as well as molecular testing. These services are offered to food sector customers through a network of 34 laboratories and 1,900 technical staff across 15 countries in the Americas, Africa, and Asia-Pacific.
Additionally, Mérieux NutriSciences is in advanced discussions with AsureQuality, a New Zealand-based food assurance provider, to continue the joint ventures that currently exist between Bureau Veritas and AsureQuality in Australia and Southeast Asia.
Building on Mérieux NutriSciences' existing global presence, this acquisition will enhance its global footprint, extending its operations to 32 countries, and doubling its presence in Canada and the Asia-Pacific region.
The transaction is expected to close by the end of the fourth quarter of 2024, once customary closing conditions have been met, including regulatory clearance in certain geographies.
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