SGS Acquires Panacea Infosec to Expand Global Digital Trust and Cybersecurity Capabilities

SGS Acquires Panacea Infosec to Expand Global Digital Trust and Cybersecurity Capabilities

(IN BRIEF) SGS has acquired Panacea Infosec, a global information security and payment security specialist headquartered in India, to strengthen its Digital Trust portfolio. The acquisition expands SGS’s cybersecurity, data protection and PCI/DSS compliance capabilities across key international markets and supports its ambition to generate at least CHF 200 million in additional Digital Trust revenue by 2027. By combining Panacea Infosec’s technical expertise with SGS’s global reach, the Group aims to help clients better secure digital transactions, protect sensitive data and meet international compliance standards.

(PRESS RELEASE) BAAR, 6-Jan-2026 — /EuropaWire/ — SGS, the world’s leading testing, inspection and certification provider, has completed the acquisition of Panacea Infosec, a globally recognized specialist in information security and payment security solutions. The transaction strengthens SGS’s strategic focus on Digital Trust and supports its ambition to accelerate growth in cybersecurity and data protection services.

Based in India, Panacea Infosec brings a team of more than 90 experienced cybersecurity professionals to SGS and serves a broad international client base across India, the United States, the Middle East and Africa. The company is particularly known for its expertise in payment security, including services aligned with PCI/DSS standards, as well as comprehensive cybersecurity, data protection and privacy offerings. Its solutions support compliance with international security requirements across sectors such as banking, insurance, telecommunications, IT, business process outsourcing and e-commerce.

The integration of Panacea Infosec significantly enhances SGS’s capabilities in information security assurance and payment security, two markets experiencing rapid global growth as organizations accelerate digital transformation. By combining Panacea Infosec’s technical expertise with SGS’s global footprint, the expanded portfolio will enable clients to better protect sensitive data, secure digital transactions and meet evolving regulatory and compliance demands.

The acquisition aligns with SGS’s broader Digital Trust strategy, under which the Group is targeting at least CHF 200 million in additional revenue by 2027 compared with 2023. This underscores the importance of digital assurance, cybersecurity and trust services as key growth drivers for the company.

Géraldine Picaud, Chief Executive Officer of SGS, said the transaction represents a major milestone in the Group’s Digital Trust journey. She highlighted that the combination of SGS’s global scale with Panacea Infosec’s deep specialization in cybersecurity and payment security positions the company to better support customers in managing digital risks and compliance challenges. She also welcomed Panacea Infosec’s employees to SGS and expressed confidence in building the next phase of growth together.

Media contact:

Ariel Bauer
Head of Communications, Investor Relations & Sustainability
+41798634923

Livia Baratta
Deputy Head of Investor Relations
+41795864853

SOURCE: SGS