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Bureau Veritas SA — M&A Activity 2011
Feb 7, 2011
1169_iss_2011-02-07_d92abd8a-4fdb-43ae-a477-cfb09c715da4.pdf
M&A Activity
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PRESS RELEASE
Bureau Veritas acquires Atomic Technologies in Singapore
Neuilly-sur-Seine, France, February 7, 2011 – Bureau Veritas is pleased to announce the acquisition of Atomic Technologies Pte Ltd, a leading Non Destructive Testing (NDT) company in Southeast Asia, based in Singapore.
Founded in 1993, Atomic Technologies offers a full range of standard and advanced NDT services to the oil and gas and process industries, provided by a team of 100 highly qualified inspectors. The company is particularly active in Jurong Island, southwest of Singapore, now home to nearly a hundred leading petroleum, petrochemicals, specialty chemicals and manufacturing companies. It generated revenue of around €3 million in 2010.
The transaction allows Bureau Veritas to reinforce its asset integrity management offering and serve a much broader client base in the fast-growing Southeast Asia region.
Bureau Veritas
Bureau Veritas is a global leader in conformity assessment and certification services. Created in 1828, the Group has around 48,000 employees in 1,000 offices and 330 laboratories located in 140 countries.
Bureau Veritas helps its clients to improve their performances by offering innovative services and solutions in order to ensure that their assets, products, infrastructures, and processes meet standards and regulations in terms of quality, health and safety, environmental protection, and social responsibility.
Bureau Veritas is listed on Euronext Paris (Compartment A, ISIN code FR 0006174348, stock symbol: BVI). www.bureauveritas.com
Contacts
Analysts/investors: Claire Plais: +33 (0)1 55 24 76 09 Domitille Vielle: +33 (0)1 55 24 77 80 [email protected]
Press:
Véronique Gielec: +33 (0)1 55 24 76 01 [email protected]