Bureau Veritas enters organic food certification market in Italy with the acquisition of ‘Q Certificazioni’.
Nov. 15 2019
Bureau Veritas, a world leader in testing, inspection and certification (TIC) services, today announced that it has completed the acquisition of Italy-based Q Certificazioni S.r.l., an independent certification body specializing in organic certification.
Founded in 2009, and headquartered near Siena in Tuscany, Q Certificazioni has 12 employees and generated c. €2 million in revenues in 2018. The company delivers accredited organic certification services for food products against national and international standards to a client base of farmers, food producers and retailers.
Q Certificazioni enables Bureau Veritas to enter the organic food certification market in Italy, one of Europe's leading countries in the production of organic food and one of the leading exporting countries of organic produce.
This bolt-on acquisition is the fifth transaction completed by Bureau Veritas in 2019, and the third in the food industry, supporting the group’s Agri-Food strategic growth initiative.