Bureau Veritas S.A. – acquisition of CCI Holdings Limited
Miles Advisory Partners advised Bureau Veritas on its acquisition of CCI Holdings Limited.
Transaction Details
Sector
Business Services
Miles Role
Buy-side advisor to Bureau Veritas
Deal Type
Mergers & Acquisitions (Buy side)
Year Completed
2007
Contacts for this Transaction
Rohan Manikath
Managing Director
Overview
- CCI Holdings Limited was a publicly listed Australian technical services group providing inspection and related services, with significant exposure to the mining and resources industry
- Bureau Veritas S.A. acquired all of the issued shares in CCI by way of a scheme of arrangement
- The acquisition expanded Bureau Veritas’ testing and inspection service portfolio for the mining industry and strengthened its presence in Australia
Industry Context
During the 2000s commodities cycle, global testing, inspection and certification groups expanded aggressively into resource-rich markets such as Australia to capture demand from the mining and minerals sector. Acquiring established local technical services providers gave international players immediate scale and client relationships in a specialised field.
