English
Carlsquare advised Bureau Veritas CPS division (“Bureau Veritas”) in its acquisition of LBS Luxury Brands Services S.R.L. and Luxury Brands Control S.R.L. (“LBS Group”). The acquisition marks a significant step in Bureau Veritas’ strategy to strengthen its presence in the luxury and fashion industries.
Founded in 2013 and headquartered in Italy, LBS Group specializes in quality assurance and quality control for the luxury industry, offering expertise in raw materials, accessories, and finished products. The company has built a strong reputation for its innovative sustainability solutions and process improvements for top premium and luxury brands.
This acquisition bolsters Bureau Veritas’ capabilities in upstream supply chain services and enhances its offering for high-end fashion brands. It aligns with Bureau Veritas’ LEAP | 28 strategy and reinforces its position as a leading service provider in the luxury market. The integration of LBS Group will expand Bureau Veritas’ expertise in sustainability solutions and strengthen its presence in the Italian market, a key hub for luxury manufacturing.
“The acquisition of LBS Group strengthens Bureau Veritas’ capabilities in upstream services for the luxury sector, positioning us as a preferred partner for leading brands. We warmly welcome the LBS team to our global network.” – Hinda Gharbi, CEO, Bureau Veritas
Carlsquare acted as exclusive financial advisor to Bureau Veritas CPS.
