Deals

SGS, Bureau Veritas Eye €400 Million in Savings From Combination

The Bureau Veritas SA headquarters in Neuilly-sur-Seine, France.Photographer: Benjamin Girette/Bloomberg

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By Aaron Kirchfeld and Pamela Barbaglia

January 16, 2025 at 3:15 PM UTC

This article is for subscribers only.

SGS SA and Bureau Veritas SA are seeking significant savings from a tie-up as talks advance to build a European champion for testing and certification with a combined market value of more than $33 billion.

Geneva-based SGS and France’s Bureau Veritas estimate an annual reduction in costs of more than €400 million ($412 million) at the combined entity, according to people familiar with the matter.