French classification society Bureau Veritas has bought British consultancy TMC Marine. TMC has provided 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. It employs more than 50 people and generated revenues of €8.5m in 2015.
Didier Michaud-Daniel, CEO of Bureau Veritas, said, “Our marine and offshore business, the historical activity of Bureau Veritas, is one of our eight key growth initiatives to 2020. As such, it is evolving rapidly. We are diversifying our service portfolio and developing our technological leadership in order to meet all our clients’ expectations in risk management.”