DNV GL merger approved by competition authorities
OSLO -- The merger between DNV and GL has now been approved. The new company, DNV GL, will be operational from September 12, 2013.
DNV GL will be the world’s largest ship and offshore classification society to the maritime industry, a leading provider of technical assurance and risk management services to the oil & gas industry and a leading expert in wind and power transmission and distribution. DNV GL also takes the position as one of the top three management system certification bodies in the world.
The competition authorities in South Korea, the U.S., the EU and China have cleared the merger between the two well-regarded companies.
The new company, formally called DNV GL Group, will comprise 17,000 employees across 300 sites in more than 100 countries, and have revenues of EUR 2,500 million per year.