Bureau Veritas expands in offshore acquiring MatthewsDaniel

Classification society Bureau Veritas is the latest to expand its offshore footprint acquiring MatthewsDaniel.

London-headquartered MatthewsDaniel is a provider of loss adjusting and risk assessment services to the offshore industry. The cost of the acquisition by Bureau Veritas was not revealed.

“The acquisition of MatthewsDaniel represents a major development for our Marine & Offshore business,” said Didier Michaud-Daniel ceo of Bureau Veritas. “It will diversify our services and help us grow our presence in the offshore industry where we provide very high added value services.”

MatthewsDaniel employs 150 people and had revenues of EUR34m ($44.6m) last year.

 

Posted 03 September 2014

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Marcus Hand

Editor, Seatrade Maritime News

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