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Contact: Emma Thorpe / Rosanna Konarzewski
T +44 (0) 20 7894 1630
THE CARLYLE GROUP CONTINUES TO INVEST IN SECURING THE LEADERSHIP
AND THE PRESENCE IN GROWTH MARKETS OF ITS PORTFOLIO COMPANY.
- Velosi is listed on Alternative Investment Market (AIM) in London.
- With a presence in Asia, the Middle East, Africa, Europe and North America, Velosi is a leading provider of inspection, quality assurance, certification and testing services to the oil and gas industry. Velosi reported revenues of $184 million for the year ended 31 December 2009.
- As a result of the acquisition, the Applus+ Group will have reinforced its presence in emerging markets and broadened its service portfolio to the energy industry.
- Following the acquisition, the Applus+ Group will generate revenues in excess of €1 billion with 70% of its revenues coming outside of Spain.