Transaction news Socotec

Socotec is a global provider of services to businesses and local authorities controlling the risks inherent in their activities.

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07 Feb '13

Acquisition of Socotec

Cobepa has acquired a majority shareholding in Socotec, a leading provider of risk management and performance enhancement services based in France, alongside the fund Five Arrows Principal Investments (FAPI), and management from Qualium Investissement.

Socotec is a global provider of risk management services and has been acting for the last 60 years as an independent third party in the fields of quality, security, health and environment. With a workforce of 5.000 people, Socotec provides inspection, technical assistance, consulting, training and certification services to the construction, real estate, industrial and tertiary sectors.

With pro forma sales of €475 million, a broad network of 200 agencies in France and a presence in 40 countries, Socotec is a leading player in risk prevention services.

Originally owned by its employees, Socotec was bought in 2008 by Qualium Investissement in a first LBO.