Peugeot Invest commits $175M stake in Mérieux NutriSciences

Mérieux NutriSciences, part of Institut Mérieux, provides food quality, and safety testing services. The company has 10,000 employees across 140 accredited laboratories and generates more than $1 billion in revenue.

As part of the deal, Peugeot Invest will become a major minority investor and take a seat on Mérieux NutriSciences board. The investment follows the company’s integration of Bureau Veritas’ global food testing business in 2024.

Read More:ASI Appoints Matt Gilliland Chief Product Officer

Jean-Charles Douin, Chief Executive Officer of Peugeot Invest, commented: "We continue to build a portfolio of holdings in sectors where we have strong, long-term convictions. We are pleased to partner with Institut Mérieux to support Mérieux NutriSciences through a new chapter of growth in North America.

About Peugeot Invest

Founded in 1967, Mérieux NutriSciences provides food safety and quality services to the food and nutrition industry. Its services include testing, labeling, auditing, consulting, training, research, and sensory analysis. The company works with food manufacturers, processors, caterers, restaurants, and retailers.

Read More:Corgi Insurance Appoints Daniel Hausman as Vice President