BV purchase

Bureau Veritas has reinforced its position in value-added marine services with the acquisition of international consultancy TMC Marine. TMC has been providing pre and post-casualty advice and support to the marine industry since 1979. The business focuses on marine claims and accident investigations, salvage and wreck removal consultancy and marine expert witness services for a client base that spans P&I clubs, law firms, marine insurers, salvage companies and ship owners. Headquartered in London, TMC has a network of offices in the US, China, Singapore and Australia. It employs more than 50 people and generated revenues of €8.5 million in 2015.