The Board of Directors of SGS SA has been advised that EXOR has concluded a transaction for the sale of its entire participation in SGS SA (1,173,400 shares or approximately 15% of the share capital of SGS) to Serena S.à.r.l., a wholly owned subsidiary of Groupe Bruxelles Lambert (GBL).
“I am pleased that with this transaction, SGS has acquired another reference shareholder of the caliber and reputation of GBL. I am certain that together with the von Finck family, which has been a reference shareholder for more than a decade, SGS will be able to continue on its path of growth and improving performance for many years to come” said Sergio Marchionne, who will continue to act as Chairman.
The transaction is expected to be concluded by June 10, 2013 and John Elkann and Tiberto Ruy Brandolini d’Adda have indicated their intention to step down as Directors.
The Board will soon convene an extraordinary meeting of the Shareholders to appoint new directors.
For further information, please contact:
Jean-Luc de Buman
Communications & IR
1 place des Alpes
CH - 1211 Geneva 1
t: +41-22 739 91 11
f: +41-22 739 92 00
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 75,000 employees, SGS operates a network of over 1,500 offices and laboratories around the world.