Bureau Veritas reinforces its services in automotive part testing with the acquisition of Shanghai Davis Testing Technology
Neuilly-sur-Seine, France, August 01, 2012 – Bureau Veritas is pleased to announce it has completed the acquisition of Shanghai Davis Testing Technology Co., Ltd., a Chinese company specialized in automotive product testing.
Founded in 2007, Shanghai Davis Testing Technology offers services to suppliers of automotive parts and electronics aimed at assessing and improving product performance and reliability. The company provides safety inspections, design studies, failure analyses, product and material qualifications and testing in its laboratory located in Shanghai. Shanghai Davis Testing Technology has 24 employees and generated revenue of €1.3 million in 2011.
Following the recent acquisition of ECL in Germany, the addition of Shanghai Davis Testing Technology to our portfolio is an opportunity for Bureau Veritas to strengthen its services to the automotive supply chain and to enter this segment in China, the largest worldwide automotive market.
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