on BUREAU VERITAS (EPA:BVI)
Bureau Veritas to Acquire The APP Group, Strengthening Asia-Pacific Presence
Bureau Veritas, a leader in Testing, Inspection, and Certification services, has announced plans to acquire The APP Group. This company, based in Australia, excels in Assurance, Compliance, Independent Verification and Certification, and Project Management within the Buildings and Infrastructure sectors. The acquisition aligns with Bureau Veritas' LEAP | 28 strategy, aiming to boost presence in the Asia-Pacific region and enhance its project support capabilities.
The APP Group has been a trusted partner in Australia for 35 years, active in transport infrastructure and facilities with 500 employees and over €87 million in revenue for 2023. This move will expand Bureau Veritas' service portfolio, providing more comprehensive solutions to clients.
The acquisition, pending regulatory approval, is expected to close by the end of the year. It marks a significant step for Bureau Veritas in fulfilling its strategic objectives in the Asia-Pacific market.
R. P.
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