on BUREAU VERITAS (EPA:BVI)
Bureau Veritas is considering selling its oil and coal businesses.
Bureau Veritas has announced an agreement with Triton Partners to sell its petroleum, petrochemical, and coal testing and inspection businesses. This transaction, aligned with the LEAP | 28 strategy, aims to optimize the group's portfolio.
In 2025, these activities generated €450 million in revenue, but with growth lower than that of the group as a whole. The €470 million transaction is expected to improve Bureau Veritas' margins and organic growth.
The group plans to reinvest the proceeds from the sale in higher-margin, higher-growth businesses. The transaction is expected to close by the first quarter of 2027, subject to customary closing conditions.
R. H.
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