SGS And Bureau Veritas Cancel Merger Talks

(MENAFN- Swissinfo) The Geneva-based goods auditor SGS will not go ahead with a planned merger with French competitor Bureau Veritas.

This content was published on January 27, 2025 - 10:03 1 minute Keystone-SDA

• Deutsch de SGS und Bureau Veritas fusionieren nicht Original Read more: SGS und Bureau Veritas fusionieren nich

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Talks between the two parties did not lead to an agreement and have been concluded, SGS announced on Monday.

The company is therefore concentrating on the further implementation of its 'Strategy 27', the press release continued. The aim of the programme is to create“outstanding” added value for its own shareholders.

SGS and its French competitor confirmed in mid-January that they were in talks about a possible merger. It would have been the biggest deal the goods inspection industry has ever seen.

Translated from German by DeepL/mga

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