Bureau Veritas

The story of Bureau Veritas begins in the winter of 1821, a year marked by devastating storms across Europe that led to thousands of shipwrecks and a crisis in the maritime insurance industry. In this turbulent environment, a clear need emerged for a reliable way to assess the risks associated with ships and their equipment. Seizing this opportunity, two underwriters, Alexandre Delehaye and Louis van den Broek, along with an insurance broker, Auguste Morel, founded the 'Bureau de Renseignements pour les Assurances Maritimes' in Antwerp, Belgium, in June 1828. Their mission was simple yet profound: to provide insurers with the information necessary to confidently underwrite policies by establishing the truth about the quality and condition of vessels. A year later, in 1829, the company adopted the now-iconic name 'Bureau Veritas', a name that would become synonymous with trust and integrity worldwide. The company's early success and expanding operations prompted a move to the bustling heart of European commerce, Paris, in 1833, establishing a headquarters that has remained in France ever since.

From its maritime origins, Bureau Veritas embarked on a remarkable journey of diversification and global expansion. The 20th century saw the company venture into new and exciting fields, responding to the evolving needs of an industrializing world. In 1910, an Industrial Division was formed, followed by an Aeronautics Division in 1922, which was entrusted with aircraft certification by the French government. This expansion continued with the establishment of a Building and Facilities division in 1929. The post-war era marked a period of significant growth, with the company extending its services to include a wide range of consulting and engineering solutions. The late 20th century was a period of strategic evolution, with Bureau Veritas establishing specialized subsidiaries to cater to specific market needs, including government contracts and computer security. The company's growth was further accelerated by strategic acquisitions, expanding its footprint in high-growth sectors like agri-food, construction, and consumer products. This journey of continuous adaptation and innovation culminated in its successful initial public offering on the Euronext Paris in 2007, solidifying its position as a global leader in the testing, inspection, and certification industry, shaping a world of trust for nearly two centuries.