Bureau Veritas acquires ANCE S.A de C.V., a leader in the testing and certification services for Electrical and Electronics consumer products
22 Februar 2024 - 7:15AM
Bureau Veritas acquires ANCE S.A de C.V., a leader in the testing
and certification services for Electrical and Electronics consumer
products
PRESS RELEASE
Neuilly-sur-Seine, France – February 22, 2024
Bureau Veritas becomes the market leader in
Consumer Products Services in Mexico through the acquisition of
“ANCE S.A de C.V.”, a leader in the testing and certification
services for Electrical and Electronics consumer products
Bureau Veritas, a
global leader in the Testing, Inspection and Certification (TIC)
industry, announces the acquisition of the Conformity Assessment
entity from ANCE Estándares S.C.: “ANCE S.A de C.V.” (Asociación de
Normalización y Certificación), a leader in testing and
certification services for electrical and electronic products in
Mexico.
ANCE S.A de C.V. is the Mexican leader for
conformity assessment covering many segments including electrical
and electronic products, household appliances, and lighting and
wireless products.
ANCE S.A de C.V. is a strategic partner to a
wide portfolio of domestic clients including manufacturers,
retailers, importers, and brands in Mexico, but also worldwide. The
company employs around 400 people across its various laboratories
across the country and generated a revenue of c.€21 million in
2023. Through this acquisition Bureau Veritas will establish a
center of competence supporting Mexico’s continued growth as an
importer, manufacturer, and exporter of technology products.
This acquisition significantly enhances Bureau
Veritas’ Consumer Products Services presence in the Americas,
entering a large and growing domestic market with increasing
regulatory requirements for quality, safety and energy efficiency.
It positions Bureau Veritas Consumer Products Services as the
market leader in Mexico.
Hinda Gharbi, Chief Executive Officer of
Bureau Veritas, commented: “We are delighted to
welcome ANCE S.A de C.V. to Bureau Veritas. With the
reconfiguration of supply chains, global sourcing shifts, and with
customers investing in fast-growing 'near-shoring' markets, it is
critical for our future growth to accompany these transformations.
Mexico being one of the fastest-growing exporters to the USA, the
integration of ANCE S.A de C.V.’s labs and technical knowledge
provides an excellent platform for growth in the Americas and is
fully aligned with our Consumer Products strategy to diversify into
new segments and new geographies.”
Abel Hernandez, General Director of ANCE
S.A de C.V., stated: “With its history, customer
portfolio, services diversity, shared values and integrity, we are
delighted to join Bureau Veritas. Mexico is well positioned for
growth with a lot of new investment continuing to flow into the
country. In combining Bureau Veritas’s global business platform
with ANCE S.A de C.V.’s local expertise and brand strength, we will
be able to consolidate our leadership position in Mexico. Jointly,
we will offer comprehensive testing, certification and global
market solutions that are truly unique in our industry.”
About Bureau Veritas Bureau
Veritas is a world leader in laboratory testing, inspection and
certification services. Created in 1828, the Group has circa 82,000
employees located in nearly 1,600 offices and laboratories around
the globe. Bureau Veritas helps its 400,000 clients improve their
performance by offering services and innovative solutions in order
to ensure that their assets, products, infrastructure and processes
meet standards and regulations in terms of quality, health and
safety, environmental protection and social responsibility.Bureau
Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG,
CAC Next 20 and SBF 120 indices.Compartment A, ISIN code FR
0006174348, stock symbol: BVI.For more information, visit
www.bureauveritas.com, and follow us on Twitter (@bureauveritas)
and LinkedIn.
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ANALYST/INVESTOR CONTACTS |
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MEDIA CONTACTS |
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Laurent Brunelle |
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Anette Rey |
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+33 (0)1 55 24 76 09 |
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+33 (0) 6 69 79 84 88 |
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laurent.brunelle@bureauveritas.com |
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anette.rey@bureauveritas.com |
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Colin Verbrugghe |
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+33 (0)1 55 24 77 80 |
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colin.verbrugghe@bureauveritas.com |
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Karine Ansart+33 (0)1 55 24 76
19karine.ansart@bureauveritas.com |
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