activities.

I am very pleased to welcome all the colleagues from Lotusworks to the Bureau Veritas family.”

The transaction, representing an enterprise value of EUR 375 million, will be financed via existing and recently negotiated credit lines. This implies a 2026e EV/EBITA multiple of 15x. The agreement includes an earn-out mechanism should the business outperform its plan.
Following completion, Bureau Veritas’ net debt is set to remain within the 1x to 2x leverage range as per the LEAP | 28 plan ambition. The deal is anticipated to be slightly accretive to earnings this year.

The transaction is expected to close by summer 2026, subject to customary regulatory approvals.

About Bureau Veritas:

Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for cust
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