Bureau Veritas accelerates M&A and strengthens its position in the Electrical and Electronics consumer products testing in South and North-East Asia
2024年3月20日 - 3:45PM
Bureau Veritas accelerates M&A and strengthens its position in
the Electrical and Electronics consumer products testing in South
and North-East Asia
PRESS RELEASE
Neuilly-sur-Seine, France – March 20, 2024
Bureau Veritas accelerates M&A and
strengthens its position in the Electrical and Electronics consumer
products testing in South and North-East Asia
Signature of definitive agreements to
acquire two companies in Korea: “ONETECH CORP.” and “KOSTEC Co.,
Ltd” and of “Hi Physix Laboratory India Pvt. Ltd” in
India.
Bureau Veritas, a
global leader in the Testing, Inspection and Certification (TIC)
industry, has signed definitive agreements to acquire
three players to diversify its position in testing and
certification services for the Electrical and Electronics consumer
products segment in South and North-East Asia, for a combined
revenue of c.€20 million in 2023.
“ONETECH CORP.” and
“KOSTEC Co., Ltd”, provide services to a wide
portfolio of domestic clients in Korea, including large
manufacturers, exporters, and brands for electrical and electronic
products, household appliances, and new mobility products. These
companies employ around 200 people across their various
laboratories.
“Hi Physix Laboratory India
Pvt.” is an electrical and electronics products testing
and certification services laboratory in India, covering a large
range of products including electrical and electronic products,
household appliances and solar equipment. The Company has a diverse
portfolio of services from testing, calibration, photometry and
certification with a highly competent technical staff of 115 and a
facility in Pune, Maharashtra state.
These acquisitions enhance Bureau Veritas’
Consumer Products Services presence in South and North-East Asia,
entering a large and growing domestic market with increasing
regulatory requirements for quality, reliability, safety and energy
efficiency. They significantly strengthen Bureau Veritas’ Consumer
Products Services presence in Korea, diversifying its current
existing platform in a growing Technology market, and complement
Bureau Veritas Consumer Products Services offering in India.
Hinda Gharbi, Chief Executive Officer of
Bureau Veritas, commented: “We are delighted to
welcome both ONETECH Corp. and KOSTEC Co., Ltd in Korea and Hi
Physix Laboratory India Pvt. Ltd in India. With the reconfiguration
of supply chains, global sourcing shifts, and with customers
investing in fast-growing R&D markets, it is critical for us to
accompany these transformations. Korea being one of the
fastest-growing exporters of Technology products across various
segments, and India being one of the fastest-growing technology
markets, these countries are an important platform for our growth
in Asia. Acquisitions play a key role in our portfolio strategy as
we accelerate our ambition to expand our leadership and build new
strongholds in strategic markets.”
About Bureau VeritasBureau
Veritas is a world leader in inspection, certification, and
laboratory testing services with a powerful purpose: to shape a
world of trust by ensuring responsible progress.With a vision to be
the preferred partner for customers’ excellence and sustainability,
the company innovates to help them navigate change.Created in 1828,
Bureau Veritas’ 83,000 employees deliver services in 140 countries.
The company’s technical experts support customers to address
challenges in quality, health and safety, environmental protection,
and sustainability.Bureau Veritas is listed on Euronext Paris and
belongs to the CAC 40 ESG, CAC Next 20, SBF 120 indices and is part
of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348,
stock symbol: BVI.For more information, visit
www.bureauveritas.com, and follow us on X/Twitter (@bureauveritas)
and LinkedIn.
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ANALYST/INVESTOR CONTACTS |
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MEDIA CONTACTS |
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Laurent Brunelle |
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Anette Rey |
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+33 (0)1 55 24 76 09 |
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+33 (0) 6 69 79 84 88 |
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laurent.brunelle@bureauveritas.com |
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anette.rey@bureauveritas.com |
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Colin Verbrugghe |
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+33 (0)1 55 24 77 80 |
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colin.verbrugghe@bureauveritas.com |
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Karine Ansart+33 (0)1 55 24 76
19karine.ansart@bureauveritas.com |
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- PR-Bureau-Veritas-Acquires-Hi Physics and Korea assets_ENG
Bureau Veritas (TG:4BV)
過去 株価チャート
から 8 2024 まで 9 2024
Bureau Veritas (TG:4BV)
過去 株価チャート
から 9 2023 まで 9 2024