Bureau Veritas Acquires GeoAssay to Enhance Leadership in Chilean Copper Market
Bureau Veritas has acquired GeoAssay, strengthening its leadership in Chile’s copper market. This acquisition enhances its capabilities in mineral analysis, with state-of-the-art laboratories and expert personnel. The move is expected to improve services for existing clients and attract new customers seeking high-precision results.
Bureau Veritas, a global leader in Testing, Inspection, and Certification services, has strengthened its leadership in the Chilean copper market through the acquisition of GeoAssay. This strategic move bolsters Bureau Veritas as the foremost player in the Metals & Minerals sector in Chile, which holds the status of the world’s largest copper producer.
The acquisition enables Bureau Veritas to enhance support throughout the mining cycle, from extraction to shipment. By accurately assessing the physical, chemical, and geochemical properties of materials via its extensive laboratory network, Bureau Veritas aims to expand its footprint in this resource-rich area.
GeoAssay, which specializes in copper analysis, operates three advanced laboratories in Chile. These facilities are fully automated and strategically placed, enriching Bureau Veritas’ presence and enhancing customer proximity. The 264 technical employees at GeoAssay possess expertise in robotics and mining, facilitating high-quality service delivery in mineral analysis.
Following this acquisition, Bureau Veritas anticipates an improvement in service offerings for existing clients while attracting new customers seeking precise, rapid mineral analysis. Hinda Gharbi, CEO of Bureau Veritas, emphasized, “The integration of GeoAssay’s state-of-the-art laboratories allows us to immediately meet growing customer demands in Latin America. Our clients will benefit from faster and more accurate results.”
Feliciano Herrera, CEO of GeoAssay, expressed enthusiasm about the acquisition, stating, “I am thrilled about this transaction. Our investments since 2017 are now bearing fruit and I am confident that our laboratory testing activities will reach new heights.”
Bureau Veritas, established in 1828, employs 84,000 individuals and operates in 140 countries. The company’s mission focuses on supporting clients in achieving excellence and sustainability while navigating various challenges related to quality, health, safety, and environmental protection. For further information, please visit the official Bureau Veritas website.
In summary, the acquisition of GeoAssay by Bureau Veritas significantly enhances the company’s position in the Chilean copper market. This acquisition allows for improved services, faster results, and stronger customer relationships in the mining sector. Bureau Veritas continues to innovate and provide essential support for sustainable progress in the industry.
Original Source: www.ad-hoc-news.de
