Bureau Veritas has announced the acquisition of CERTEST, an Italian softline luxury goods and apparel testing laboratory. The new acquisition meets two objectives: to expand Bureau Verita’s consumer products business in Europe and to grow its market share in luxury worldwide. CERTEST will enable Bureau Veritas to gain full access to Italy, the second largest softline luxury goods production country, according to a statement released by Bureau Veritas. “We will also leverage CERTEST as our European centre of expertise to boost our offer and capture more opportunities with major luxury brands,” commented Didier Michaud-Daniel, CEO of Bureau Veritas.
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Established in 2004, CERTEST is located in Tuscany, a key production centre for leather goods and apparel in Italy. The laboratory provides physical and chemical testing services to luxury international brands to assess the safety and quality characteristics of leather, footwear and other softline products, including textiles and jewellery. CERTEST is a leader in Italy with a strong market share. CERTEST employs 32 people and generated a revenue of Euro 3.5 million in 2014.
“We have built a successful commercial and technical partnership with Bureau Veritas over the past few years. Becoming a member company of Bureau Veritas will propel us forward as the Group’s bridgehead for Consumer Products services in Italy and will help us keep growing internationally,” said Giuliano Campigli, CEO of CERTEST.
