Bureau Veritas Acquires The APP Group, Strengthening Asia-Pacific Presence

Deal News | Dec 02, 2024 | Globenewswire

Bureau Veritas Acquires The APP Group, Strengthening Asia-Pacific Presence

Bureau Veritas, a global leader in testing, inspection, and certification services, has announced the acquisition of The APP Group, an Australian property and infrastructure firm. This acquisition aligns with Bureau Veritas' LEAP | 28 strategy, aiming to enhance its leadership in the buildings and infrastructure sector in the Asia-Pacific region. The APP Group, headquartered in Sydney, recorded revenues of 87 million in 2023. With this acquisition, Bureau Veritas will bolster its project management, construction management, and certification capacities. The APP Group's robust team of over 500 employees and a pool of 200 specialist sub-consultants will be integrated into Bureau Veritas, solidifying its presence as a preferred partner to governments and large corporations. This move represents a significant step in Bureau Veritas' strategic expansion and commitment to supporting sustainable growth in the region.

Sectors

  • Construction and Infrastructure
  • Testing, Inspection, and Certification

Geography

  • Asia-Pacific – The acquisition strengthens Bureau Veritas' presence and leadership position in the Asia-Pacific region.
  • Australia – The APP Group, the acquired company, is based in Sydney, Australia, making this geography a focal point of the acquisition.

Industry

  • Construction and Infrastructure – The acquisition focuses on enhancing Bureau Veritas' capabilities in project management, construction management, and infrastructure services.
  • Testing, Inspection, and Certification – Bureau Veritas operates as a global leader in providing certification and inspection services, aligning with their core business activities.

Financials

  • 87 million – Revenues of The APP Group in 2023.

Participants

NameRoleTypeDescription
Bureau VeritasAcquirerCompanyA global leader in testing, inspection, and certification services with a presence in 140 countries.
The APP GroupTargetCompanyAn Australian leader in Property and Infrastructure, offering integrated services across asset capital investment lifecycle.