Peugeot Invest backs Mérieux NutriSciences with $180 million
What's the deal? Peugeot InvestDealroom has a profile for this one. Try Dealroom → has committed $175 million to Mérieux NutriSciences, the food quality and safety group backed by Institut MérieuxDealroom has a profile for this one. Try Dealroom →. The investment supports Mérieux's acquisition of Certified GroupDealroom has a profile for this one. Try Dealroom → and will earn Peugeot Invest a seat on the board.
Why now? The move deepens Mérieux's presence in North America, the world's largest food safety and quality market, where it aims to become a leading provider. It follows the integration of Bureau VeritasDealroom has a profile for this one. Try Dealroom →'s food testing operations in 2024.
What's the endgame? Mérieux employs 10,000 people and generates revenues above $1 billion. For Peugeot Invest, the deal marks entry into the Testing, Inspection, and Certification market, which it describes as resilient and supported by new regulations and consumer demands.
The signal: The bet reflects investor appetite for less cyclical, regulation-driven sectors. Food safety testing offers steady demand as compliance rules tighten and consumers scrutinise supply chains.
Read more: webdisclosure.com
Image credit: USDAgov