BUREAU VERITAS SA UNS/ADR - BVVBY STOCK NEWS

Bureau Veritas acquires ArcVera Renewables, a specialized provider in finance-grade consulting and technical services for wind, solar, and battery storage projects. This acquisition aligns with Bureau Veritas's LEAP | 28 strategy to create a new stronghold in the fast-growing renewables sector, primarily in North America. ArcVera Renewables, headquartered in Golden, Colorado, delivered revenues of €6.5 million in 2023 and has supported 9GW of solar projects in North and South America, evaluating projects representing 93,000 MW of wind capacity in the United States.

The acquisition aims to expand Bureau Veritas's capabilities in supporting landowners, developers, owners, and investors in delivering renewable energy projects. It strengthens Bureau Veritas's position as a leader in the renewables and power generation sector, enhancing its portfolio of energy transition services.

Bureau Veritas has announced the acquisition of Advanced Testing Laboratory (ATL), a leader in scientific sourcing services for North America’s Consumer Healthcare Products, Cosmetics, Personal Care, and Medical Device markets. Headquartered in Cincinnati, ATL generated approximately €31 million in revenue in 2021 and employs over 500 people. This acquisition aligns with Bureau Veritas' 2025 Strategy, expanding its footprint in the fast-growing Consumer Healthcare market and enhancing service offerings through ATL's expertise.

Bureau Veritas announced the appointment of Marissa Minardi as the new Vice President of Corporate Social Responsibility and Environment for North America, effective immediately. In this role, Minardi aims to enhance the company's position as a leader in ESG practices in the U.S. She will report to Shawn Till, EVP and CEO of Bureau Veritas North America. The company's 2025 CSR strategy includes goals such as achieving 35% females in executive roles and reducing carbon emissions to 2.0 tons per employee.

Bureau Veritas announced the opening of its third US microbiology laboratory in Reno, Nevada, on May 2, 2022. This ISO 17025 accredited facility will provide rapid pathogen testing and microbiology indicator analyses, enhancing food safety and quality for the agri-food market.

As part of a broader network of accredited laboratories in North America, the new lab supports various sectors including catering and retail, ensuring regulatory compliance and high quality across the food supply chain.

Bureau Veritas has been appointed as the Certified Verification Agent for US Wind's MarWin offshore project, following approval from the U.S. Bureau of Ocean Energy Management (BOEM). This nomination highlights Bureau Veritas' commitment to sustainability as it expands its North American footprint in the offshore wind sector. The company is recognized for maintaining rigorous standards and has become the second certification body appointed as a CVA for offshore projects in U.S. federal waters. This approval is key to the project's development and compliance.

Bureau Veritas has appointed Rebecca Bratton as Vice President of Health and Safety in North America, effective immediately. Bratton will oversee health and safety operations for approximately 6,500 employees across 150 locations. Reporting to Shawn Till, CEO of Bureau Veritas North America, she will be instrumental in refining the company's safety policies and performance metrics. With over 16 years of experience, Bratton aims to enhance health and safety standards while advancing the company's mission toward zero injuries.

Bureau Veritas has opened its fifth Canadian Microbiology Laboratory in Winnipeg, Manitoba, enhancing its food testing capabilities. The new facility offers Rapid Pathogen testing for E.coli O157:H7, Salmonella, and Listeria, among others. Accredited under ISO 17025, this laboratory is part of Bureau Veritas' expansion of food safety services across North America. This move aims to support the growing food and agri market in Winnipeg and bolster regulatory compliance and safety in the food industry.

Bureau Veritas has announced a partnership with Avena Foods Limited to provide on-site laboratory testing services in Regina, Canada. This agreement includes upgrading Avena's laboratory to ISO 17025 standards and supplying full-time staff for critical testing, enhancing product quality and safety. Bureau Veritas aims to help mitigate risks related to laboratory staffing and costs while offering independent food testing services. This collaboration is expected to elevate Avena's operational capabilities within the agri-food sector.

Bureau Veritas has appointed David L. Richter as the new Chief Operating Officer for Infrastructure Project Management, effective immediately. Richter, a seasoned leader with over 20 years of experience, will oversee the growth of this division in North America and the integration of the recently acquired PreScience business. His background includes transformative leadership at Hill International, where he significantly increased revenue. Richter holds multiple advanced degrees and is currently pursuing a doctorate. This appointment comes at a time when infrastructure investment is a national priority.