Acquisition of MTL Engenharia in Brazil

15/11/07

On November 12th, 2007, Bureau Veritas Brazil has resumed the acquisition of MTL Engenharia.

Founded in 1992 and headquartered in Rio de Janeiro, MTL is a technical consulting company, developing Safety Risks Studies and Asset Integrity Management services for Brazilian and foreign costumers in different market such as Oil & Gas production, Petrochemical, Chemical, Steel Industry and Pulp and Paper Industry.

MTL Engenharia has a 30 person staff, with an annual turnover of 1.1 Million Euros.

This acquisition represents an important step, aligned with Bureau Veritas Group strategy to become a global leader in independent AIM - Asset Integrity Management services.

Bureau Veritas and MTL Engenharia AIM teams will be integrated into a new Asset Integrity Management Business Unit of Bureau Veritas Brazil, which will enjoy an undisputed leading position in the local market. With a team composed of more than 40 professionals using the most performing available engineering tools, this BU will provide the local clients with an unique combination of local capabilities, supported by Bureau Veritas global experience and resources.

The new Asset Integrity Management Business Unit of Bureau Veritas Brazil will be able to support local clients, as well as Bureau Veritas global network and international clients, with added value services to prevent risks and to improve the performance of assets, processes and products.

To know more: visit MLT Engenharia website

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