Mubadala Investment, an Emirati state-owned holding company, and Bpifrance, French public sector investment bank, agreed to acquire a minority stake in SOCOTEC, a testing, inspection and certification firm. Financial terms were not disclosed. "We are delighted that Mubadala and Bpifrance are joining us alongside COBEPA, our majority shareholder since 2013, and CD&R who has supported us since 2019. The stability of our shareholder base, combined with this broadening, will strengthen our ability to drive the next strategic sequence and to continue consolidating our markets. Our ‘Ambitions 2028’ strategic plan places particular emphasis on strong growth in Europe and the United States. Building on our management momentum and the principle of value sharing, we have also invited more than 400 managers to invest in SOCOTEC's future by taking part in the new LBO," Hervé Montjotin, SOCOTEC Group CEO.