Societies merge
An agreement has been signed to merge DNV and GL, with the new entity to be called DNV GL Group.
It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certification.
By combining the two international organisations, the new company will have more than 17,000 employees and an extensive global network of offices.
The DNV Foundation will hold 63.5% of the shares, while GL’s owner, Mayfair SE, will hold 36.5%. The new company, with a combined turnover of some €2.5 billion, will be headquartered and registered in Norway.
Related Articles
MARINE CONSTRUCTION
POWER & PROPULSION
ENVIRONMENT