PARIS: Bureau Veritas has stepped up its portfolio diversification strategy with three acquisitions designed to strengthen its presence across high-growth technical sectors. The global Testing, Inspection, and Certification (TIC) firm announced agreements to acquire specialized companies in Germany, Denmark, and South Korea, aligning with its LEAP I 28 growth strategy.
Bureau Veritas will acquire Denmark’s Institute For Cyber Risk (IFCR), a boutique firm known for Governance, Risk and Compliance (GRC), offensive security, and cybersecurity training. With 25 professionals and €3 million in 2024 revenue, the move enables Bureau Veritas to establish a competitive foothold in Nordic digital markets, which are increasingly concerned with cyber resilience.
The planned acquisition of Dornier Hinneburg—a subsidiary of Dornier Group—adds deep nuclear expertise to the company’s portfolio. Based in Germany, the firm specializes in technical advisory and radiation protection related to nuclear decommissioning. The 108-member team generated €14 million in 2024, reinforcing Bureau Veritas’ commitment to energy transition and safety-led innovation.
Bureau Veritas will absorb EcoPlus, a rising player in Life Cycle Assessment (LCA) certification. The 12-engineer team achieved €1 million in revenue in 2024, offering solutions that support carbon footprint validation and ESG consulting in Asia’s rapidly evolving sustainability ecosystem.
“This trio of acquisitions highlights our ambition to build enduring strength in critical domains where technical expertise is essential,” said CEO Hinda Gharbi. “These investments broaden our geographical reach while unlocking value for clients navigating digital risk, energy resilience, and sustainability imperatives.”
With its latest moves, Bureau Veritas continues to affirm its role as a strategic partner to industries undergoing profound transformation.