Peugeot Invest Acquires Stake in Mérieux NutriSciences

Peugeot Invest has committed $175 million to Mérieux NutriSciences. This investment supports the acquisition of Certified Group, aiming to boost Mérieux's presence in North America's food safety and quality sector. North America is the world's largest market, and Mérieux intends to become a leading provider there.

Mérieux NutriSciences, backed by Institut Mérieux, specializes in food quality and safety. With a workforce of 10,000 and revenues over $1 billion, the company is well-positioned globally. The acquisition aligns with their growth strategy following the integration of Bureau Veritas's food testing operations in 2024.

The investment fits Peugeot Invest's strategy of entering the Testing, Inspection, and Certification market. This resilient sector benefits from new regulations and consumer demands. Peugeot Invest's involvement will extend to a Board of Directors position at Mérieux, ensuring active governance participation.