PARIS–ECNETNews reports that Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC), has acquired GeoAssay, solidifying its position as the market leader in the Metals & Minerals sector in Chile, the world’s foremost copper producer.
Bureau Veritas aims to support clients throughout the mining cycle, from site to port, by accurately determining the physical, chemical, and geochemical properties of mining materials through its extensive laboratory network. The company’s footprint continues to grow in resource-rich regions with major global mining and refining locations.
GeoAssay specializes in copper, a vital mineral for large-scale energy transition. The company operates three advanced laboratories in Chile, fully automated and strategically located to enhance customer proximity. The skilled workforce of 264 technical employees brings significant expertise in robotics and automation from within the mining industry.
This acquisition enables Bureau Veritas to enhance its service offerings in the copper sector, attracting new customers in need of high-precision, accurate, traceable, and rapidly delivered mineral analysis.
“This acquisition positions Bureau Veritas at the forefront of mineral testing in Chile’s crucial copper market. It aligns perfectly with our LEAP | 28 strategy,” stated the CEO of Bureau Veritas. “The integration of GeoAssay’s advanced laboratories enables us to promptly address the increasing customer demands in Latin America. Our clients will enjoy faster and more precise results, further solidifying our market position. We extend a warm welcome to our new colleagues.”
GeoAssay’s CEO remarked, “I am excited about this transaction. Our investments since 2017 are resulting in significant advancements, and I am confident our laboratory testing will reach new heights by leveraging Bureau Veritas’ expertise. Our cutting-edge facilities and the expertise of our employees will add undeniable value to Bureau Veritas’ customer portfolio.”
About Bureau Veritas
Bureau Veritas is a global leader in inspection, certification, and laboratory testing services, dedicated to fostering responsible progress. The company focuses on becoming the preferred partner for customer excellence and sustainability, continually innovating to aid clients in navigating industry changes.
Founded in 1828, Bureau Veritas employs 84,000 professionals across 140 countries, helping customers tackle challenges in quality, health and safety, environmental protection, and sustainability.
The company is listed on Euronext Paris and is part of the CAC 40, CAC 40 ESG, and SBF 120 indices as well as the CAC SBT 1.5° index.
For more information, visit our website and follow us on LinkedIn.
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