Thijs Aarten,
CEO, DNV KEMA
 
Oslo, Norway and Arnhem, the Netherlands --- (METERING.COM) --- January 3, 2012 - Global risk management service provider DNV has acquired 74.3 percent of KEMA’s shares, with the aim to create a world leading consulting and certification company within the cleaner energy, sustainability, power generation, transmission and distribution sectors.

DNV KEMA will consist of all 1,800 KEMA employees and 500 employees from DNV’s renewable energy and sustainability activities. The new company will be led by Thijs Aarten, CEO of KEMA, and headquartered in Arnhem, the Netherlands.

“In DNV, we have found a solid, innovative and international partner that has the same strategic vision, purpose and values as our company,” commented Aarten. “DNV KEMA’s core markets are in Europe, North America and China and the new company will benefit our customers by providing them with a broader portfolio of services across the entire energy value chain.”

KEMA’s activities will be integrated with those of DNV’s existing renewable energy and sustainability businesses to form one service offering to the global energy sector. Services will cover the entire energy value chain from energy source to end user, including wind energy, carbon capture and storage, carbon trading, energy efficiency, power generation, transmission and distribution, and energy related testing, inspection and certification.

While DNV becomes the majority shareholder in the new company, Alliander retains its holding (25.4 percent) as does Cogas (0.3 percent). The transaction is subject to the approval of the US, Dutch and German competition authorities.