Bureau Veritas has acquired Versatec Energy, an independent and specialised technical advisory company, active in offshore wind and hydrogen.
The acquisition of Versatec Energy is a strategic move strengthening Bureau Veritas’ position as a “key partner” in ensuring technical compliance and mitigating industrial risks in the energy sector.
This acquisition enables Bureau Veritas to expand its service offering in crucial areas including offshore wind, renewables, oil & gas, nuclear, carbon capture and hydrogen.
Versatec Energy is a specialised technical consultancy with a special focus on the offshore energy industry.
Its employees have developed “valuable methodologies” in the areas of commissioning and start-up, asset due diligence, operational assurance and readiness and project management.
Headquartered in the Netherlands, the company employs 35 highly skilled experts and consultants and delivered revenues of €4.2m in 2023.
Since its inception, Versatec Energy has assisted over 1500 global projects in Europe, Asia Pacific, the Middle East and Africa.
Bureau Veritas chief executive Hinda Gharbi said: “The acquisition of Versatec Energy expands our capabilities in the renewables and energy sectors with a proven track record in asset due diligence, commissioning, start-up and project management, and a special focus on the offshore energy industry.
“Their expertise will help build our new stronghold in the sector. I warmly welcome all new colleagues from Versatec Energy to our company.”
Versatec Energy chief executive Klaas-Otto Ykema added: “Having spent two decades in and around Offshore Energy, I have always admired Bureau Veritas’ diverse skills across testing, inspection and certification.
“Joining forces will allow 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.”