Bureau Veritas acquires ANCE S.A de C.V., a leader in the testing and certification services for Electrical and Electronics consumer products

PRESS RELEASE

Neuilly-sur-Seine, France – February 22, 2024

Bureau Veritas becomes the market leader in Consumer Products Services in Mexico through the acquisition of “ANCE S.A de C.V.”, a leader in the testing and certification services for Electrical and Electronics consumer products

Bureau Veritas, a global leader in the Testing, Inspection and Certification (TIC) industry, announces the acquisition of the Conformity Assessment entity from ANCE Estándares S.C.: “ANCE S.A de C.V.” (Asociación de Normalización y Certificación), a leader in testing and certification services for electrical and electronic products in Mexico.

ANCE S.A de C.V. is the Mexican leader for conformity assessment covering many segments including electrical and electronic products, household appliances, and lighting and wireless products.

ANCE S.A de C.V. is a strategic partner to a wide portfolio of domestic clients including manufacturers, retailers, importers, and brands in Mexico, but also worldwide. The company employs around 400 people across its various laboratories across the country and generated a revenue of c.€21 million in 2023.
Through this acquisition Bureau Veritas will establish a center of competence supporting Mexico’s continued growth as an importer, manufacturer, and exporter of technology products.

This acquisition significantly enhances Bureau Veritas’ Consumer Products Services presence in the Americas, entering a large and growing domestic market with increasing regulatory requirements for quality, safety and energy efficiency. It positions Bureau Veritas Consumer Products Services as the market leader in Mexico.

Hinda Gharbi, Chief Executive Officer of Bureau Veritas, commented: “We are delighted to welcome ANCE S.A de C.V. to Bureau Veritas. With the reconfiguration of supply chains, global sourcing shifts, and with customers investing in fast-growing 'near-shoring' markets, it is critical for our future growth to accompany these transformations. Mexico being one of the fastest-growing exporters to the USA, the integration of ANCE S.A de C.V.’s labs and technical knowledge provides an excellent platform for growth in the Americas and is fully aligned with our Consumer Products strategy to diversify into new segments and new geographies.”