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  5. Bureau Veritas Acquires ICTK Co.

M&A Deal Summary

Bureau Veritas Acquires ICTK Co.

On December 5, 2017, Bureau Veritas acquired test/measurement equipment company ICTK Co.

Acquisition Highlights
  • This is Bureau Veritas’ 4th transaction in the Test/Measurement Equipment sector.
  • This is Bureau Veritas’ 1st transaction in South Korea.

M&A Deal Summary
Date 2017-12-05
Target ICTK Co.
Sector Test/Measurement Equipment
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

ICTK Co.

Gyeonggi-do, South Korea
ICTK Co. Ltd. is one of the key global players in smart payment testing and certification services for mobile devices, payment cards and point of sale terminals. ICTK provides smart payment security testing and certification against EMVCo(1) and Visa requirements. The company serves international high-tech manufacturers, brands and financial service leaders

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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 60 of 86
Sector: Test/Measurement Equipment M&A 4 of 5
Type: Add-on Acquisition M&A Deals 58 of 83
Country: South Korea M&A 1 of 2
Year: 2017 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Ingeniería Control y Administración S.A. de C.V.

Col. Nápoles, Mexico

Ingeniería, Control y Administración, S.A. de C.V. is a provider of technical supervision of building and infrastructure projects in Mexico. INCA provides construction project management assistance and technical studies. The company operates primarily in the fields of public transportation and highways, energy and utilities projects, serving banks as well as government organizations financing infrastructure projects.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-06 McKenzie Group Pty

Sydney, Australia

McKenzie Group offers a suite of integrated compliance based services including building certification, compliance audits and consulting, and accessibility assessment to key building construction companies and project developers in the public and private sectors. The company has a track-record encompassing significant and diversified construction projects for commercial, residential and institutional buildings as well as transport and infrastructure projects. McKenzie is also present in Brisbane, Melbourne and Gold Coast, three other major cities in Australia.

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