Bureau Veritas to Acquire a Leading Sustainability Specialist for Consumer Products in Italy

Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC), has recently made a major move in expanding its services and fortifying its position in the Consumer Product Services (CPS) industry. The company has announced its acquisition of SPIN360, a well-known Italian consulting firm specializing in sustainable innovation and development for premium fashion and luxury brands. This strategic move is in line with Bureau Veritas’ LEAP | 28 strategy, which aims to create new strongholds in the CPS market.

This acquisition marks a significant step towards advancing Bureau Veritas’ CPS capabilities and expanding its geographical presence. SPIN360 has established itself as a pioneer in the industry, renowned for its expertise in providing sustainable solutions for fashion and luxury brands. By joining forces with Bureau Veritas, SPIN360 will have access to a wider global network and enhanced resources, allowing them to better serve their clients and continue driving sustainable innovation in the fashion industry.

For Bureau Veritas, this acquisition is an exciting addition to their portfolio and a testament to their commitment to continuously evolve and provide cutting-edge services to their clients. With the fashion and luxury industry continuously growing and evolving, SPIN360’s expertise will complement Bureau Veritas’ existing services and support their clients’ need for sustainable and innovative solutions.

Fabien Degand, Executive Vice President of Bureau Veritas’ Consumer Products division, expressed his enthusiasm about this acquisition, stating, “We are thrilled to welcome SPIN360 to the Bureau Veritas family. This strategic move aligns perfectly with our LEAP | 28 strategy and reinforces our position as an industry leader in the CPS sector. The partnership with SPIN360 will further strengthen our capabilities and position us as the go-to provider for sustainable innovation solutions in the fashion industry.”

SPIN360’s CEO, Martino Scabbio, also shared his excitement about joining forces with Bureau Veritas, saying, “We are excited about the opportunities that this merger will bring to our clients and employees. With the support of Bureau Veritas, we can expand our reach and provide our clients with even greater value through our sustainable innovation solutions. Joining Bureau Veritas is an important milestone for us, and we look forward to the journey ahead.”

This acquisition also underscores Bureau Veritas’ focus on sustainable development and its commitment to supporting clients in their sustainability journey. The fashion and luxury industry has been under increasing pressure to adopt sustainable practices, and this partnership will enable Bureau Veritas to offer a comprehensive range of services to meet this demand. Together, Bureau Veritas and SPIN360 will help brands navigate the complex landscape of sustainable fashion and provide them with the necessary tools to meet their sustainability goals.

The announcement of this acquisition has been well-received by both companies’ stakeholders, with partners and clients expressing their confidence in the strategic move. The integration of SPIN360’s expertise will not only strengthen Bureau Veritas’ position in the CPS market but also enhance its reputation for delivering world-class services to its clients.

In conclusion, Bureau Veritas’ acquisition of SPIN360 is a significant step in its journey to solidify its position as a leader in the CPS industry. The partnership will bring together two industry experts and enable them to provide clients with innovative, sustainable, and holistic solutions. This bold move reaffirms Bureau Veritas’ commitment to growth and continuous improvement, and we can expect to see them further expanding their services and capabilities in the future.