Bureau Veritas acquires 7Layers for undisclosed sum
Jan 04, 2013 (M2 EQUITYBITES via COMTEX) --
Bureau Veritas SA (Paris:BVI.PA), a provider of conformity assessment and certification services, announced today the completion of its acquisition of 7Layers, a specialist in wireless electronic products testing, certification and engineering solutions.
Financial details of the acquisition were not disclosed.
7Layers, headquartered in Ratingen, Germany, estimates 2012 revenues of EUR24m.
According to the company, 7Layers' expertise, global coverage and established position will complement its existing presence within global brands and their supply chains. This acquisition is expected to position Bureau Veritas as a global leader in wireless testing, almost doubling its footprint in a fast growing market.
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