Archive for February, 2012Thursday, February 23rd, 2012
President’s Message to Our Clients
To all our valued customers;
On Sunday February 19, 2012, at the AcmeLabs shareholders meeting, 131 employee shareholders and one founding shareholder (Mr. Dean Toye) voted unanimously to accept the purchase offer of Bureau Veritas.
Today (February 23, 2012), Bureau Veritas (BV) has announced the purchase of AcmeLabs.
Over the past several years AcmeLabs has had many suitors, so why Bureau Veritas? There are several key reasons beyond price, that the Acme shareholders believe were important in this decision;
- The AcmeLabs name will remain in place for at least several years;
- The AcmeLabs management and employees will remain;
- AcmeLabs operations will continue as is, but with further investment and new locations;
However, in addition;
- AcmeLabs senior management will take on senior roles within the BV Minerals division;
- AcmeLabs analytical product line will be expanded and offered on a truly global basis;
- BV is committed to large additional investments in AcmeLabs. This investment and growth would not be possible otherwise;
It became clear as we negotiated with Bureau Veritas management, that they understood the uniqueness of AcmeLabs. It is this unique approach to personal service, the value of customers and employees, and the personal involvement of senior management that BV wants to capture and expand upon. Bureau Veritas believes as we do, that this is a superior business model.
This does open a new chapter for AcmeLabs, but an even more exciting and vibrant one where you can be sure that we are still here working to provide the best service and the best analytical products in our industry.
Our careers have been spent building many personal relationships and we value these relationships greatly. I assure you, we are thinking about you, our customers in this process. Please come by our booth at the PDAC in Toronto. We will be happy to discuss our plans further.
BUREAU VERITAS completes the acquisition of AcmeLabs
FOR IMMEDIATE RELEASE
BUREAU VERITAS completes the acquisition of AcmeLabs.
VANCOUVER, BC – Bureau Veritas has completed the acquisition of AcmeLabs today. Headquartered in Vancouver, AcmeLabs has state of the art mineral testing facilities and is one of the largest multi-element geochemistry laboratories in the world.
AcmeLabs is the number 3 player in upstream minerals testing in Canada. With this acquisition, Bureau Veritas now has a stronger business position in the burgeoning Canadianmarket, and continues to develop its global position in Metals & Minerals (M&M) with a full representation in key global mining hubs in Australia, Canada, South America and South Africa.
Founded in 1971 and headquartered in Vancouver, Canada, AcmeLabs provides a full range of sample preparation, assaying and geo-analytical services. The company operates a total of 29 testing and sample preparation laboratories in 12 countries, mainly in North and South America and has 978 employees. AcmeLabs operates testing laboratories where it uses cutting edge technologies including Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES), ICP-Mass Spectrometry (ICP-MS), and X-Ray Fluorescence (XRF). Acme’s revenue for the fiscal year ending March 2012 is poised to exceed €55 million (CAD$72 million).
The management and employees of AcmeLabs are excited and proud to join the Bureau Veritas Group of companies, and will greatly contribute to the Bureau Veritas strategy for the geochemical testing market. AcmeLabs joins a global team with the resources and infrastructure necessary to rapidly expand Acme’s client centred approach to the wider market.
Bureau Veritas and AcmeLabs have highly complementary activities and locations in services related to Metals & Minerals. This acquisition enables the Group to create a Global Centre of Excellence in minerals testing, located in Canada, one of the largest producing countries in the world. It also enhances Bureau Veritas’ minerals footprint in South America and provides synergies that will improve operating efficiency. Through network optimization, the leverage of Acme’s ‘hub & spoke’ operations model, and a broader range of technical expertise, the Group will be well positioned to offer best in class service to the minerals industry.
About Bureau Veritas
Bureau Veritas is a world leader in conformity assessment and certification services. Created in 1828, the Group has more than 52,000 employees in 940 offices and 340 laboratories located in 140 countries. Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on the Euronext Paris and belongs to the Next 20 (Compartment A, code ISIN FR 0006174348, stock symbol: BVI). www.bureauveritas.com