Founded in 1982, SISTEMA PRI is a leading company in the domestic market for project management of works for the Energy, Infrastructure and Construction industries. Headquartered in São Paulo, and with regional offices in major economic centers of Brazil, the company reported net revenue of approximately BRL 120 million in 2013, and currently has about 800 employees.
The acquisition is part of the strategic plan of Bureau Veritas in Latin America, representing an important step in the development of new services which present high growth in Brazil, such as the expansion, modernization and construction of highways, railways, ports, airports, energy generation, transmission and distribution lines, as well as public housing and sanitation works projects.
Created in 1828, Bureau Veritas has over 64,000 employees in 1330 offices and laboratories located in 140 countries. With annual revenues of 3.9 billion euros in 2013, the company is a global leader in Testing, Inspection and Certification – TIC services. The company offers innovative solutions and services to more than 400,000 customers in order to improve the performance of their business and ensure that their assets, products, infrastructure and processes meet standards and regulations on quality, health and safety, environmental protection and social responsibility. Bureau Veritas is listed on Euronext Paris (NYSE EURONEXT: BVI). To learn more about the Bureau Veritas’ operations click here.
Perfetto’s plan of consolidating itself as one of the largest ice cream producers in Brazil is being put into practice by merging with one of the leaders in distribution of ice cream in the state of São Paulo.
Founded in 1997 in the city of Patrocínio Paulista, in the northeastern region of the state of São Paulo, Perfetto has emerged as one of the fastest growing ice cream companies in the country.
Camaya Partners’ advisory in the merger extend from the valuation of the companies to the negotiation of final terms and support in the writing of the shareholders’ agreement, including assistance in the due diligence process and analysis of best practices.
In our Investment Banking activity, we stake a clear position in favor of our clients. However, acting as advisor for both companies demanded impartiality and an ability to reconcile and align interests, confirming our ethical commitment and technical capacity to deal with transactions of this nature.
The strategy of Bureau Veritas Group (owner of Analytical Solutions) to focus in others segments influenced the decision of selling the company, a major laboratory in chemical analysis in Brazil, especially in the food industry and environmental analysis.
Created in 1828, the Bureau Veritas Group has over 59,000 employees in 1,330 offices and laboratories located in 140 countries. With annual sales of 3.6 billion euros, the company is the world’s leading in certification and conformity assessment sector (Testing, Inspection and Certification – TIC). Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility. Bureau Veritas is listed on Euronext Paris and belongs to the Next 20 index (Compartment A, code ISIN FR 0006174348, stock symbol: BVI).
Headquartered in Australia, ALS is a publicly traded multinational listed on the Australian Securities Exchange – Sydney, Australia (ASX: ALQ), which has been growing rapidly, mainly through acquisitions of companies in many countries.
Camaya Partners acted as the exclusive financial advisor of Bureau Veritas Group on this transaction.