Bureau Veritas Acquires Another NDT Firm

Press Release
Wednesday, April 03, 2013

Classification society BV acquire  LVQ-WP, a German group specializing in non-destructive testing (NDT) and industrial inspection services.

Founded in 1994, LVQ-WP is headquartered in Muelheim in the Rhein-Ruhr area, which is a strategic industrial cluster in Germany, and provides services to the power, process and manufacturing sectors in Germany and Eastern Europe.

LVQ-WP currently has 120 highly qualified employees and its 2012 revenues totaled around EUR9 million.

In Europe, non-destructive testing and industrial inspection services represent an attractive market, estimated at EUR850 million with a growth rate of around 8% per year, in which demand is driven by the need to maintain the integrity of ageing infrastructure.

The acquisition of LVQ-WP will enable Bureau Veritas to better serve German and Eastern Europe industries. Following the acquisition of Pockrandt (NDT), UniCar Group (automotive inspection), ECL (electrical and electronic product testing), and 7Layers (mobile and wireless electronics testing), this is the fifth transaction made by Bureau Veritas in Germany since early 2012.

Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Barril Appointed COO of SBM Offshore

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015.  Philippe's appointment as a

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Classification Societies

ClassNK Reports Record 2014

Announcing its registration totals for 2014, ClassNK said 833 new vessels with a combined total of 21,466,272 gt joined its register over the course of the year,

Damen Delivers Custom-Made Offshore Winches to Fugro

Damen Maaskant Shipyards, part of Damen Shipyards Group, has delivered two dedicated offshore winches to Fugro. The Dutch shipyard was responsible for the design,

Liberian Registry Launches Green Ship Initiative

“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO

Mergers & Acquisitions

CMA CGM Opens Two Offices

CMA CGM Opens a new branch in Constantine, (Algeria) and an agency in Sihanoukville, (Combodia) Following are the addresses in the respective countries: CMA CGM Algérie,

Scorpio Takes Delivery of STI Veneto

Scorpio Tankers Inc. has taken delivery of STI Veneto, an LR2 product tanker from Hyundai Samho Heavy Industries Co., Ltd. This vessel will begin a voyage for 60 days at approximately $32,

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1412 sec (7 req/sec)