SGS and Bureau Veritas in talks to form inspection giant

Geneva-based SGS and Paris-based Bureau Veritas are discussing a merger, likely to lead to the advent of an undisputed heavyweight in inspection and certification on a global scale. The combined market valuation of the two groups exceeds 30 billion francs.

“Nothing guarantees that these discussions will lead to a transaction, nor to another arrangement,” however, warn the two protagonists in symmetrical positions taken on Wednesday, assuring in passing…