PARIS -- Bureau Veritas, a provider of Testing, Inspection, and Certification services, has acquired IDP Group, an independent provider of Building Information Modeling and Digital Twin services for the public and private sector.
Offering strong positioning in decarbonization and other high-value verticals, this acquisition is aligned with Bureau Veritas LEAP | 28 strategy to expand leadership in B&I, while investing in strategic and promising digital portfolio assets to meet sustainability challenges.
Bureau Veritas contributes to safer, sustainable and resilient buildings and infrastructures, delivering dedicated solutions from feasibility studies to construction and asset operations.
The acquisition will expand Bureau Veritas’ B&I capabilities by enhancing its global end-to-end Buildings & Infrastructure services’ operational capabilities, leveraging innovative BIM expertise, consulting and Digital Twin asset digitalization.
The IDP Group provides its customers with advanced and integrated engineering services and multi-sector technical services for energy and electrification, industry, environment, Buildings & Infrastructure, data centers and telecommunications.
Since 1998, the IDP Group has consistently invested in R&D, focusing on Digital Twin technology, decarbonization, and hydrogen initiatives. It delivered revenues of $33 million in 2023 and is headquartered in the Barcelona region.
“This marks an important milestone for Bureau Veritas in delivering its LEAP | 28 strategy, expanding our digital services and competences as well as our innovation skills and strengthening our leading position in the B&I market,” said Hinda Gharbi, Chief Executive Officer of Bureau Veritas. “IDP Group has provided tangible value to a wide range of clients across various sectors in Spain during the past 26 years, supported by a seasoned management team. Joining forces with Bureau Veritas will help to further scale the company's capabilities internationally, benefitting our clients globally. I warmly welcome all our new colleagues from IDP Group.”
“The recent collaboration between Bureau Veritas’s and IDP’s teams allowed us to confirm the complementary technical capabilities of Bureau Veritas with our own,” added Enric Blasco, CEO of IDP Group. “This strategic union will not only enhance our service offering to our clients, but also consolidate our position as a global reference in these areas. We at IDP Group are proud and honored to be granted the responsibility of becoming a Bureau Veritas global technical center for BIM, and completing Project management assistance and digital services offerings, while benefiting from professional opportunities and career development for our employees on the scale of an international Group.”
For more information, visit www.bureauveritas.com. |