Bureau Veritas acquires expert company in transformer oil analysis

France, Neuilly-sur-Seine: Bureau Veritas, a global company engaged in testing, inspection and certification services, announced it has acquired a majority shareholding in Lubrication Management SL (previously the industrial oil analysis Business Unit of IK4-TEKNIKER), a European oil analysis company.

Lubrication Management SL has developed the experience and platforms for the transformer oil, wind turbine oil and grease analysis markets, which should complement well Bureau Veritas’ business in oil condition monitoring, reports Globe NewsWire.

The laboratory, near Bilbao, Spain, will form the European hub for Bureau Veritas’ global network of oil condition monitoring laboratories.

Source: Globe NewsWire