Independent journal on economy and transport policy
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Bureau Veritas has undersigned an agreement in order to acquire American TH Hill
the society of American engineering work to service of the industry of the oil and the gas
March 20, 2012
The French society of classification and certification Bureau Veritas (BV) has undersigned an agreement in order to acquire American TH Hill Associates, Inc., society of engineering that work to service of the industry of the oil and the gas mainly in order to reduce the risks of structural defects and mechanical breakdowns to the equipments and systems onshore and offshore.
The American company, that it has beyond 250 dependent, has center to Houston, in Texas, offices in Canada and Brazil and work in more than 50 nations. Last year TH Hill has totaled a gross revenue of about 36 million euros (47 million dollars).
"This acquisition - the managing director of Bureau Veritas has commented, Didier Michaud-Daniel - represents an only opportunity in order to strengthen our competences in the field of the perforation of the oil and the gas. This section offers remarkable given growth potential an increasing complexity of the systems of perforation, in particular for the shale gas, and the necessity of a more regular assurance of the quality of the perforation processes as a result of the catastrophe of Macondo. Besides to strengthen our presence in the strategic segment of the energy in the USA - it has added - TH Hill will allow us to realize an offer of services integrated to the aim to at best serve the industry oil & gas all over the world. Moreover, with the recent acquisition of the AcmeLabs in Canada, an operating head physician in the tests on minerals, the group has meaningfully improved own technical capabilities and own position in America North".
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The French society of classification and certification Bureau Veritas (BV) has undersigned an agreement in order to acquire American TH Hill Associates, Inc., society of engineering that work to service of the industry of the oil and the gas mainly in order to reduce the risks of structural defects and mechanical breakdowns to the equipments and systems onshore and offshore.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
