Bureau Veritas strengthens its Buildings & Infrastructure leadership position in Asia-Pacific with an agreement to acquire The APP Group
Bureau Veritas plays a key role in promoting safer, sustainable, and resilient buildings and infrastructure by providing solutions that span the entire asset lifecycle, from feasibility studies through construction and ongoing operations. This acquisition strengthens Bureau Veritas’ Buildings and Infrastructure capabilities, bringing expanded expertise in project management assistance, construction management, independent project verification, and certification, all while boosting its capacity to support growth across the Asia Pacific region.
The APP Group, headquartered in Sydney, Australia, has a distinguished 35-year record as a trusted partner for government bodies, infrastructure owners, large corporations, and private clients. Known for its expertise in Assurance, Compliance, and Independent Verification and Certification (IV/IC), APP is a leader in major Australian transport infrastructure projects. With a team of over 500 professionals and access to a network of 200+ specialist sub-consultants, APP has a strong presence in transport infrastructure, buildings, social infrastructure, and facilities management, serving a client base of over 200 customers. In 2023, APP reported revenues of €87 million.
Hinda Gharbi, Chief Executive Officer of Bureau Veritas, commented:
"When closed, The APP Group acquisition will mark a significant milestone in our LEAP | 28 growth strategy for the Buildings & Infrastructure business in Asia Pacific. This move will not only strengthen our position in the Australian market but will also provide us with a robust platform to expand our B&I services across the region. The APP Group’s recognized expertise and reputation will perfectly complement our existing capabilities, allowing us to offer more comprehensive solutions to our clients."
Adam Castro – CEO, The APP Group, added:
“The APP Group is an Australian Property and Infrastructure leader and joining forces with a world leader in Bureau Veritas allows for continued growth, whilst leveraging a global network of services, systems and resource capability to support our clients and new market opportunities. This strategic union will not only enhance our service delivery offering and experience to our clients, but also consolidate our position as a partner of choice. We look forward to being part of the Bureau Veritas Group and unlocking new opportunities for our people, clients, partners and the broader communities in which we operate.”
The transaction is subject to regulatory approval and is expected to be closed by year end.