London-headquartered MatthewsDaniel provides loss adjusting and risk assessment to the offshore industry. The firm has around 150 staff in Europe, the Middle East and the Americas, and reported revenues of $44m in 2013.

Chief executive officer of Bureau Veritas, Didier Michaud-Daniel, said the purchase will “diversify our services and help us grow our presence in the offshore industry where we provide very high added value services.”

MatthewsDaniel’s CEO Kevin Jarman said: “The extensive geographical platform and resources of Bureau Veritas will allow us to offer our expertise to a more extensive client portfolio worldwide, in particular from the marine industry.”

The price Bureau Veritas paid was not revealed.