Bureau Veritas and SGS End Merger Talks Without a Deal

Talks to create a certification giant ended without an agreement. France’s Bureau Veritas and Switzerland’s SGS each issued a statement today, January 27, reporting that the negotiations had ended without a deal.

 “These discussions have stopped and did not result in an agreement despite a strong belief in the value of consolidation in the testing, inspection, and certification sector,” said Bureau Veritas. The company reported it, “Remains fully committed to its LEAP | 28 strategy to deliver a step change in growth and performance, targeting …