M&A Deal Summary

Bureau Veritas Acquires Carab Technologies

On December 2, 2013, Bureau Veritas acquired business services company Carab Technologies

Acquisition Highlights
  • This is Bureau Veritas’ 36th transaction in the Business Services sector.
  • This is Bureau Veritas’ 1st transaction in South Africa.

M&A Deal Summary

Date 2013-12-02
Target Carab Technologies
Sector Business Services
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

Carab Technologies

Gauteng, South Africa
The Carab Tekniva Group offers unique solutions to help companies reduce their operating costs and increase their plants’ reliability and availability. Carab Technologies is a Asset Integrity Management in South Africa and focuses on the steam generation, power, and petrochemical industries.

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Buyer(S) 1

Buyer

Bureau Veritas

Neuilly-sur-Seine, France

Category Company
Founded 1828
Sector Business Services
Employees80,283
Revenue 6.2B EUR (2024)
DESCRIPTION

Bureau Veritas delivers high-quality services to help clients meet the growing challenges of quality, safety, environmental protection, and social responsibility. Bureau Veritas was founded in 1828 and is based in Neuilly-sur-Seine, France.


DEAL STATS #
Overall 37 of 86
Sector: Business Services M&A 36 of 69
Type: Add-on Acquisition M&A Deals 36 of 83
Country: South Africa M&A 1 of 1
Year: 2013 M&A 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-03 OTI Canada Group

Montreal East, Quebec, Canada

OTI Canada Group, is a company specializing in petroleum testing and inspection. OTI Canada Group provides services to oil companies and trading organizations to assess the quality and quantity of diverse petroleum and petrochemical products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-16 CKM Consultants Pte

Singapore,, Singapore

CKM Consultants Pte Ltd, specializing in construction related services. CKM Consultants provides structural design reviews of new buildings and infrastructure, statutory construction site supervision and periodical site inspection.

Buy -