BIP is pleased to announce that it has made a direct equity investment in the investment vehicle majority owned by Cobepa which has acquired the control of Socotec alongside Five Arrows Principal Investments and Socotec’s Management, resulting in an indirect holding of around 7% in Socotec for BIP.

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, health and environment.

With pro forma sales of EUR 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.