Bureau Veritas has signed a definitive agreement to acquire 100% of LotusWorks. This transaction marks a major step in the implementation of the Group’s strategy, significantly strengthening its leadership in the fast-growing data center and semiconductor market segments. The strategic rationale centers on creating a new service platform for mission-critical assets, combining Bureau Veritas' global network with LotusWorks' technical "know-how" in commissioning and validation. This platform is expected to represent approximately 15% of the Building & Infrastructure division upon closing. The acquisition is immediately accretive to the Group’s adjusted operating margin and earnings per share from the first year. The transaction will be funded through existing credit lines, maintaining Bureau Veritas’ net leverage within a range of 1.0x to 2.0x EBITDA.

This transaction is part of the Business Services industry, which currently tracks an average EBITDA multiple of 11.1x since the beginning of 2026, 0.5% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.