29.9.2022 Bertin Technologies to acquire Environics Oy

The European industrial company for critical scientific instrumentation Bertin Technologies has signed an agreement to acquire the Finnish company Environics Oy. This transaction will result in the creation of a European leading player of CBRN (Chemical, Biological, Radiological and Nuclear) detection, identification and monitoring equipment and systems.

ENVIRONICS Oy is a world leading supplier of Chemical, Biological, Nuclear and Radiation (CBRN) detection devices and monitoring integrated solutions, ranging from personal safety to national security. Environics provides innovative solutions for different safeguarding organizations in 50 countries, from civil defense and homeland security to the military.

BERTIN TECHNOLOGIES is a French scientific instrumentation manufacturer that designs and manufactures measurement, observation & detection systems and instruments for critical applications. Since its spinoff in April 2022, Bertin Technologies is backed by FCDE, a Paris-based private equity investor.

The combination of Bertin Technologies and Environics will allow authorities, platforms manufacturers, critical industries and first responders to have access to a full portfolio of equipment and integrated solutions to counter rising CBRN threats. The transaction also creates a unique sovereign capability to develop and manufacture high-end solutions for crisis management in Europe.

“This strategic move will enhance European technological edge in the fast-paced growing CBRN market” says Bruno Vallayer, President of Bertin Technologies. “Following the successful integration of Exensor Technology AB in Sweden in 2018, which became Bertin Exensor, we believe Environics will further strengthen our Nordics development axis.”

“We believe this transaction creates significant benefits for Environics’ customers and provides a natural next step for the company and its employees to continue to build successful international growth” says Marko Järvinen, Partner at Verso Capital. “Environics and Bertin Technologies jointly will be even more capable to develop and manufacture innovative technology to help protect people around the world from Chemical, Biological, Nuclear and Radiation threats.”

Verso Fund II has been the majority owner of Environics after completing a carve-out of the business in 2015.

The transaction is subject to customary regulatory approvals.

About Bertin Technologies

BERTIN TECHNOLOGIES is a French scientific instrumentation manufacturer that designs and manufactures measurement, observation & detection systems and instruments for critical applications. Every day, Bertin Technologies pursues technological advances in the fields of Nuclear, Defence, Space, Big Science, Life Sciences and Health. Its 530 employees share a desire for excellence, in the service of remarkable and innovative technological solutions. Its 2021 turnover amounts to 92 million euros. With a European footprint (Germany, Italy, the United Kingdom, Sweden), Bertin Technologies Group comprises 3 brands – Bertin Instruments, Bertin Photonics & Bertin Medical Waste – and has operational subsidiaries in Europe, USA and Asia.

www.bertin-technologies.com

About Environics Oy

Environics Oy is a Finnish company with over 30 years of experience and the world’s leading supplier of Chemical, Biological, Nuclear and Radiation (CBRN) detection devices and monitoring integrated solutions, ranging from personal safety to national security. Environics provides innovative solutions for different safeguarding organizations in 50 countries, from civil defence and homeland security to the military. Behind its comprehensive range of products and solutions is a highly competent team of experts having years of experience in the implementation of demanding projects in CBRN fields. Environics is strongly committed to meet its customer requirements and to continue the development of state-of-art technologies for CBRN detection and analysis. Environics goal is to provide innovative solutions to defeat the constantly evolving CBRN threat and to safeguard the industrial environment.

www.environics.fi

About FCDE

FCDE is a French private equity firm that supports the development and transformation of SMEs with a strong growth potential. Based on a responsible investment approach, FCDE provides human and financial resources to help management teams drive sustainable operational improvement and long-term value creation. FCDE has supported more than 30 entrepreneurial journeys in taking a step in their development by implementing transformative strategies and driving change.

www.fonds-fcde.fr

About Verso Capital

Verso Capital is a growth stage buyout investor that specialises in carve-out situations and complex business situations. We acquire and invest in European B2B companies and businesses that have good growth potential and revenues up to €50m, but currently are suffering from growth bottlenecks. Our team has experience from over 100 carve-out and M&A transactions – we have the necessary know-how and methodology to execute even complicated transactions quickly and efficiently. We are typically a majority investor and spend a considerable amount of our time working together with the management in order to solve growth and profitability bottlenecks. We manage three funds with over €160M of capital, and have offices in Helsinki, Stockholm, and Munich.

www.versocapital.com

Contact:

Mr. Marko Järvinen
Partner
Verso Capital
+358 40 553 9588
marko.jarvinen@versocapital.com

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