In a strategic move to strengthen its sustainability offerings, global testing, inspection, and certification giant Bureau Veritas has announced the acquisition of SPIN360, a leading Italian consulting firm specialising in sustainable innovation and development across premium fashion and luxury brands.
The acquisition, which aligns with Bureau Veritas’ LEAP | 28 strategy, will see the company expand its footprint in the lucrative Consumer Product Services (CPS) market. SPIN360, headquartered in Italy, has established itself as a trusted partner for major fashion and luxury brands, helping them navigate the complex landscape of sustainable practices and product development.
“This acquisition is a significant step forward in our commitment to supporting our clients’ sustainability agendas,” said Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas. “SPIN360’s expertise and client base will be a valuable addition to our existing capabilities, allowing us to provide even more comprehensive solutions to the consumer products industry.”
SPIN360, founded in 2011, has a proven track record of helping brands implement sustainable strategies, from material sourcing and supply chain management to product lifecycle assessments and circular economy initiatives. The company’s team of sustainability experts will now join the Bureau Veritas family, bringing their deep industry knowledge and innovative approaches to the table.
“Joining forces with Bureau Veritas is an exciting opportunity for SPIN360 and our clients,” said Elisa Tondelli, Co-founder and Managing Director of SPIN360. “Together, we will be able to leverage our collective expertise and resources to drive even greater sustainability impact across the consumer products landscape.”
The acquisition is expected to be completed in the coming weeks, subject to customary closing conditions. Financial details of the transaction have not been disclosed.
Bureau Veritas’ LEAP | 28 strategy, launched in 2020, aims to position the company as a global leader in sustainability-related services and solutions. The addition of SPIN360 aligns with this strategic vision, further strengthening the company’s ability to support its clients’ environmental, social, and governance (ESG) initiatives.
“This acquisition is a testament to our commitment to sustainability and our desire to be at the forefront of the industry’s transformation,” said Michaud-Daniel. “We are excited to welcome the SPIN360 team and look forward to the positive impact we can achieve together.”
