Sale of Bureau Veritas electrical transformers oil testing lab

Sector(s)
Business Services
Deal type
Carve out / Sell your business
Date
December 2012
Countries involved
France

Client

Bureau Veritas (global leader in conformity assessment and certification services)

Deal

Capitalmind advised Bureau Veritas in the divestiture of its electrical transformers’ oil testing lab to IESPM

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France

What we did

  • Appointed to prepare the business for sale and run the disposal process: from potential buyer identification, preliminary discussions, structuring of the deal (carve out through an asset deal), preparation and release of the relevant sales documentation, the management of the due diligence process to the negotiation of the legal documentation
  • Our strong expertise in the Testing, Inspection & Certification sector and appropriate contacts in the industry helped quickly shortlist the buyers who would be able to value this asset. Our experience in assisting large corporates to carve out non core businesses (in particular through asset deals) combined with our business-oriented M&A approach and going the extra-mile culture have then been key to tailor and swiftly complete the transaction with the best candidate