BV acquires MAC

Bureau Veritas (BV) has acquired Marine Assurance & Consulting (MAC).  Based in Aberdeen, MAC was established in 2010 and now has 30 employees as well as more than 40 associates. This transaction is in line with BV’s recent developments in the North Sea offshore sector, where it has reaffirmed ambition to strengthen its local presence and increase its service provision capabilities for clients in spite of challenging market conditions. MAC’s capabilities will be a great enabler to further develop Maritime Assurance services for BV clients, in particular in the offshore sector.

MAC’s principal market is in offshore oil and gas, in which they hold a number of significant frame agreements with operators and service providers. For more than 90 clients worldwide, MAC provides high quality support in dynamic positioning assurance and consulting, engineering assurance and consulting, marine warranty, marine assurance and consulting and project assurance and consulting.

MAC will be operated as a wholly owned subsidiary continuing with the existing management team in place.

‘‘Joining BV, MAC can quickly accelerate its growth through the global footprint of BV, supported with the resources to access this network,” said Graeme Reid, managing director, MAC. “This provides growth opportunities for MAC and development opportunities for our employees.’’

Created in 1828, Bureau Veritas provides testing, inspection and certification, delivering services to help clients meet the growing challenges of quality, safety, environmental protection and social responsibility.

Image: (L-R) Paul Shrieve, chief executive officer, North Sea Offshore Operations, Bureau Veritas and Graeme Reid, managing director, MAC

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