Bureau Veritas completes the acquisition of The APP Group, strengthening its Buildings & Infrastructure leadership position in Asia-Pacific
December 02 2024 - 12:30AM
Business Wire
Bureau Veritas, a global leader in Testing,
Inspection, and Certification services, today announced that it has
completed the acquisition of The APP Group, a leading Australian
Property and Infrastructure leader, as stated in its
communication to the market on November 4th, 2024. The
company is headquartered in Sydney and delivered revenues of €87
million in 2023.
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Hinda Gharbi, CEO Bureau Veritas (Photo:
Business Wire)
This acquisition is in line with Bureau Veritas’ LEAP | 28
strategy to expand leadership in Buildings and Infrastructure,
diversifying its portfolio and investing in an attractive regional
market. It will strengthen the Group’s Buildings and Infrastructure
capabilities by adding significant project management assistance
expertise to asset owners, as well as construction management,
independent project verification and certification and benefiting
from a leverageable regional scale.
“I am delighted to welcome our new colleagues from The APP
Group. This is a major step forward in the execution of our LEAP |
28 strategy. The combined expertise of Bureau Veritas and The APP
Group is not only strengthening our position in the Australian
market but also providing us with a robust and sustainable platform
to support B&I services growth in the wider Asia Pacific
region,” said Hinda Gharbi, Chief Executive Officer of Bureau
Veritas. “Bringing a team of more than 500 employees and access
to a pool of over 200 specialist sub-consultants, the integration
of The APP Group now establishes our position as a partner of
choice to government, infrastructure owners, large corporations and
private companies.”
About Bureau Veritas Bureau 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 its 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 LinkedIn.
About The APP Group The APP Group is a leader in
Australian Property and Infrastructure, as a trusted partner,
working together with clients and key stakeholders to create
possibilities and shape progress for the organizations themselves
and the communities they serve. Operating an integrated services
model across the full asset capital investment lifecycle in the key
sectors: Transport, Property, Social Infrastructure, Modern Methods
of Construction, Energy & Utilities and Defense &
Security.
The APP Group team provide market leading service solutions,
expertise and advice to help tackle Australia’s most complex
projects and challenges, backed by a 500 plus-strong nationwide
team.
For more information, visit www.app.com.au
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ANALYST/INVESTOR CONTACTS
Laurent Brunelle +33 (0)1 55 24 76 09
laurent.brunelle@bureauveritas.com
Colin Verbrugghe +33 (0)1 55 24 77 80
colin.verbrugghe@bureauveritas.com
Karine Ansart +33 (0)1 55 24 76 19
karine.ansart@bureauveritas.com
MEDIA CONTACTS
Anette Rey +33 (0)6 69 79 84 88
anette.rey@bureauveritas.com
Martin Bovo +33 (0) 6 14 46 79 94
martin.bovo@bureauveritas.com
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