According to Analysts CEO, Michael Forgeron, this is a “win-win” for both organizations. “The acquisition presents our customers with new testing resources and expertise to continue to maximize the value they receive through our testing services,” Forgeron said. “At the same time, it strengthens Bureau Veritas’ presence in the global oil analysis market.”
Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas said, “Bureau Veritas continues to successfully run its diversification strategy in oil analysis in North America and we reinforce our ability to roll out new services across our global oil laboratory network. The acquisition of Analysts further deepens our footprint in North America and positions Bureau Veritas as a leader in this highly specialized lubricant oil analysis market.”
Customers will continue to receive the same quality of service they have come to expect over the past 54-years with Analysts. There will be no operational changes to the way customers utilize Analysts services and its industry leading LOAMS®platform.
Over the next year, Analysts Inc. will begin to leverage Bureau Veritas’ global and local networks, to exchange best practices and innovations. By tapping into an expanded suite of testing, inspection and certification services, Analysts will be able to add value for its customers by offering new services and solutions.
About Analysts, Inc.
Since 1960, Analysts, Inc. has established a trusted reputation as a world class oil analysis laboratory and today is recognized worldwide as the leading provider of diagnostic evaluations and maintenance solutions. Analysts, Inc. operates four laboratories in the US, and joint venture laboratories in Mexico, Japan and China.
Our oil analysis programs arm equipment managers with quality testing, expert data analysis and easy-to-follow maintenance recommendations to more effectively assess equipment condition, plan maintenance schedules, minimize breakdowns and maximize uptime.
Our services cover an entire spectrum of industries, including production machinery, manufacturing equipment, power generation, marine, heavy construction, mining, trucking, transit and aircraft industries.