M&A Deal Summary

Bureau Veritas Acquires OTI Canada Group

On October 3, 2013, Bureau Veritas acquired business services company OTI Canada Group

Acquisition Highlights
  • This is Bureau Veritas’ 35th transaction in the Business Services sector.
  • This is Bureau Veritas’ 2nd transaction in Canada.
  • This is Bureau Veritas’ 1st transaction in Quebec.

M&A Deal Summary
Date 2013-10-03
Target OTI Canada Group
Sector Business Services
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Bureau Veritas

Neuilly-sur-Seine, France
Category Company
Founded 1828
Sector Business Services
Employees77,722
Revenue 5.9B EUR (2023)
DESCRIPTION

Bureau Veritas is delivering 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 36 of 79
Sector (Business Services) 35 of 65
Type (Add-on Acquisition) 35 of 76
State (Quebec) 1 of 1
Country (Canada) 2 of 4
Year (2013) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-21 Sievert India Pvt.

Navi Mumbai,, India

Sievert is a provider of industrial inspection services and non-destructive testing of industrial equipment. It has developed a comprehensive suite of conventional and advanced services, primarily addressed to the oil & gas industry, for the inspection of onshore and offshore pipelines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-02 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.

Buy -
Mergr

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