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Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

Bureau Veritas (Euronext Paris: BVI) has entered exclusive negotiations with Triton Partners for the sale of its Oil & Petrochemicals and Coal testing and inspection business at an enterprise value of €470 million, according to a press release from the company.

The business generated approximately €450 million in revenue in 2025, operating across multiple countries. The transaction implies an EV/EBIT multiple of 11.1x on 2025 results post IFRS16. The deal is expected to be broadly neutral to earnings after closing.

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

Bureau Veritas agrees to sell oil and coal testing unit for €470M

Tue, 30 Jun 2026 01:30:16 -0400

The divested unit is reported under Bureau Veritas' Agri-Food & Commodities division and had grown at a slower rate than the broader

In Line With the LEAP | 28 Portfolio Rotation Strategy, Bureau Veritas Signs an Agreement to Sell Its Oil & Petrochemicals and Coal Testing and Inspection Business