2015 to 2019 Strategy In 2015, Bureau Veritas launched a strategic plan to make the Group more resilient, and more resistant to macroeconomic fluctuations (e.g. oil, gas, primary commodities, marine). This strategy aims to expand the business into high-growth sectors, such as agri-food, construction and infrastructure, connected objects and automotive. The diversification of Bureau Veritas' activities has been accompanied by a geographical restructuring. The Group has expanded on its historical presence in France and Europe, reorganizing itself into three main zones: the Americas, Europe/Africa and Asia. In December 2021, Didier Michaud-Daniel announced Bureau Veritas' ambitions for 2025, "wishing to make it a world leader on critical societal subjects such as energy transition, smart cities, new forms of mobility and traceability of supply chains".
Digital strategy In 2016, Bureau Veritas entered into a strategic partnership agreement with
Dassault Systèmes, which allows Bureau Veritas to use their 3DEXPERIENCE digital platform to carry out continuous assessment of ships, offshore platforms and on-board equipment throughout the entire life cycle. In 2017, Bureau Veritas entered into a partnership with Avitas Systems a GE Venture, to launch a range of inspection services based on predictive data analytics (i.e.
artificial intelligence) for all industrial sectors. In 2018, the Group launched Origin, the very first traceability label based on
blockchain technology, which provides consumers with complete, end-to-end proof of a product's journey, from farm to fork. Bureau Veritas entered into a strategic partnership with
Microsoft in 2019 to develop artificial intelligence in testing laboratories.
Acquisitions In January 2015, the Group expanded in China. Bureau Veritas acquired Shandong Chengxin, a Chinese company specialized in support services for the construction of industrial infrastructure for the energy sector. In 2017, China became the Group's largest market in terms of both revenue and employees. In April 2019, Bureau Veritas acquired Shenzhen Total-Test, a Chinese food testing company. Bureau Veritas aims to reach €1 billion in revenue in China by 2021. In 2017, Bureau Veritas announced the acquisition of Primary Integration Solutions in the United States, thus expanding its Building & Infrastructure business into data centers. In March 2018, the Group expanded into the construction sector in the United States with the acquisition of EMG. This expansion continued even further with the acquisition of Owen in 2019, a provider of compliance services for buildings and infrastructure. In Europe, Bureau Veritas acquired Q Certificazioni, an Italian organic food certification body, in 2019. The very same year, with the integration of Capital Energy in France, Bureau Veritas expanded its consulting and assistance services in the field of
energy efficiency certification. In January 2021, Bureau Veritas takes a majority stake in cybersecurity specialist Secura. In April 2021, the company acquires Bradley Construction Management, an American society specialized in project management and construction management services for the renewable energy sector. In September 2021, Bureau Veritas acquires AET France, a company specializing in laboratory testing, product development and sustainability testing. In January 2022, Bureau Veritas acquires PreScience specialized in Project Management and Construction management services for Transportation Infrastructure projects. In June 2022, Advanced Testing Laboratory, specialized in scientific sourcing services, is acquired by Bureau Veritas. In July 2022, Bureau Veritas acquires AMSfashion, an expert in sustainability, quality and conformity services for the fashion industry. == Governance ==