Hogan Lovells Cadwalader and White & Case advise on Bureau Veritas negotiations with Triton Partners

Hogan Lovells Cadwalader and Gide advised Bureau Veritas, and White & Case advised Triton Partners in connection with exclusive negotiations launched by Bureau Veritas with Triton Partners for the proposed disposal of its global testing and inspection activities for Petroleum & Petrochemical Products and Coal. Bureau Veritas’ testing and inspection activities for Petroleum & Petrochemical Products and Coal are carried out worldwide and generated approximately €450 million of revenue in 2025. The contemplated disposal is part of the Group’s LEAP | 28 strategy and would contribute to refocusing Bureau Veritas’s portfolio toward higher-growth, higher-margin activities. The contemplated transaction is currently being negotiated, will be subject to the applicable employee information and consultation procedures, and could be finalised by the end of the first quarter of 2027, subject to the satisfaction of the usual conditions precedent. Hogan Lovells Cadwalader represented client(s) Bureau Veritas with a team composed by: Xavier Doumen (partner), Christophe-Marc Juvanon (partner), Bob Zeller (counsel), Barthélémy Montpezat (associate) and Elif Gocmen (associate) on corporate matters; and Eric Paroche (partner), Céline Verney (senior associate) and Carla Sasiela (associate) on competition matters. Gide represented client(s) Bureau Veritas on tax matters with a team led by Olivier Dauchez (partner) and including Alexandre Bochu (partner), Foulques Delaporte (counsel) and Louis Rivierre (associate) in France, Guo Min (partner) in China and Vanessa Tollis (partner) in the USA. White & Case represented client(s) Triton Partners with a team composed by: Saam Golshani, Mike Weir and Sonia Tubiana (partners), assisted by Nicolas Alfonsi, Hamza Sebti, Etienne Vautier, Salomé Lecroc and Ismaël Najar (associates) on Private Equity/M&A; Cyril Valentin (partner) assisted by Claire Sardet (associate) on tax; Clara Hainsdorf (partner) assisted by Laëtitia Coguic (associate) on IP/IT; Alexandre Jaurett (partner) assisted by Hovig Cancioglu (associate) on employment; Orion Berg (partner) assisted by Louis Roussier and Clémence Flichy (associates) on FDI (foreign investment control); Diane Lamarche (partner) assisted by Pierre Boussard, Henri Veillon and Valentine Jacob-Vives (associates) on governance; Neeloferr Roy (partner) and Kévin Boyero (counsel) assisted by Yacine Arhmir (associate) on financing; Xavier Hubert (partner) on compliance; Brice Engel (partner) assisted by Clément Bellaclas (associate) on real estate; and Quirec de Kersauson (partner) on certain environmental aspects. The White & Case offices in London, Abu Dhabi, Beijing, Brussels, Chicago, Doha, Johannesburg, Luxembourg, Madrid, Milan, Melbourne, New York, Riyadh, Shanghai, Singapore, Sydney and Washington D.C. also participated in the operation.

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Hogan Lovells Cadwalader and White & Case advise on Bureau Veritas negotiations with Triton Partners

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Hogan Lovells Cadwalader and White & Case advise on Bureau Veritas negotiations with Triton Partners

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