Bureau Veritas S.A. – acquisition of Amdel Holdings
Miles Advisory Partners advised Bureau Veritas on its acquisition of Amdel Holdings from Champ Ventures.
Transaction Details
Sector
Business Services
Miles Role
Advisor to Bureau Veritas
Deal Type
Mergers & Acquisitions, Buy-side
Year Completed
2008
Contacts for this Transaction
Rohan Manikath
Managing Director
Overview
- Amdel Holdings was an Australian leader in minerals testing, processing and inspection services through a network of laboratories across Australia and New Zealand
- Founded in 1960 and headquarted in Melbourne, Australia, Amdel had more than 1,200 employees, operating 23 laboratories across Australia and New Zealand
- The business was acquired from private equity vendor Champ Ventures by Bureau Veritas S.A.
- The acquisition established a global platform for Bureau Veritas in testing and inspection services for the mining and minerals industries, with a presence spanning Asia-Pacific, Africa and Latin America
Industry Context
The mid-2000s mining boom drove strong demand for independent minerals testing and laboratory services, making specialist providers attractive to global TIC consolidators. Laboratory networks with broad geographic coverage and established mining client relationships offered scale and recurring, sample-volume-driven revenue in a high growth market.
