French class society Bureau Veritas (BV) has acquired technical advisory company Versatec Energy to increase its presence in the fast-growing renewables segment.
The acquisition of Versatec Energy enables Bureau Veritas to expand its service offering in oil and gas, and nuclear energy, as well as renewable energy solutions like offshore wind and carbon capture storage and utilisation.
Versatec has over 40 years of expertise in five core areas: health, safety, and environment; operational excellence, quality and technical compliance, technical documentation and training, as well as digital smart solutions.
Headquartered in the Netherlands, the company employs 35 highly skilled experts and consultants and delivered revenues of €4.2m ($4.46m) in 2023. Since its inception, Versatec Energy has assisted over 1,500 global projects in Europe, Asia Pacific, the Middle East, and Africa.
“Joining forces will allow us to further expand a business with scale, ambition and a global client book thanks to our unique skills and talents developed over the last 40 years across all parts of the energy sector,” said Klaas-Otto Ykema, CEO of Versatec Energy.
