HOUSTON, June 2, 2014 /PRNewswire/ — Bureau Veritas has just acquired DTI DiversiTech, Inc. (DTI), a US company specialized in inspection and audit services for the oil and gas sector.

Founded in 1989 and based in Texas, DTI is the US leader in inspection of offshore subsea and completion equipment used in drilling operations, a market estimated at USD 150 million. The company employs over 85 people and generated revenue of approximately $20.3 million in the fiscal year ending August 31, 2013.

DTI strengthens Bureau Veritas’ presence in the oil and gas market in the United States, particularly in the Gulf of Mexico. This region offers significant growth prospects that are driving investment in new drilling and production infrastructure.

Pedro Guimaraes, Bureau Veritas’ Executive Vice President, Industry & Facilities, North America, stated:

“DTI’s specialization in subsea inspections and completions provides Bureau Veritas with a service offering that is in high demand, and a skilled management team and workforce to deliver best in class service to clients and prospects seeking this service.”

Gerald Falls, DTI’s President and Chief Executive Officer stated:

“We are delighted to become a part of Bureau Veritas. Our complementary activities will enable us to offer additional services to our clients, and accelerate DTI’s expansion.”

Following this acquisition, Bureau Veritas will have 6,000 employees in the United States.

About Bureau Veritas
Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has more than 64,000 employees in around 1,330 offices and laboratories located in 140 countries. Bureau Veritas helps its clients to 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 Next 20 index.
Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
For more information, go to www.bureauveritas.com

SOURCE Bureau Veritas