Mérieux NutriSciences announces acquisition of worldwide food testing business
Torys is acting as Canadian counsel to Mérieux NutriSciences with a team that includes Janan Paskaran, Jennifer Baugh, Logan Orr and Sarah Horsfall (corporate/M&A), Teresa Reguly, Sue Fei and Sarah Raja (food regulatory), Tom Stevenson, Daryl Hiscocks and Parker Baglole (employment and labour), Omar Wakil and Eric Pateneude (ICA and competition) and David Meier (real estate).
On October 7, 2024, Mérieux NutriSciences Corporation (“Mérieux NutriSciences”), a world leader in food safety, quality, and sustainability, announced it entered into an agreement to acquire the food testing business of Bureau Veritas for an enterprise value of €$360 million.
The transaction is expected to close by the end of the fourth quarter of 2024, once customary closing conditions have been met, including regulatory clearance in certain geographies.
Further information can be found on Newswire’s website.
Mérieux NutriSciences leverages over 50 years of scientific and entrepreneurial expertise to offer solutions to the food industry's safety, quality, and sustainability needs.