The merger between INTPOW partner DNV and Germanischer Lloyd is approved and the new company was operational from September 12.
The merger will create the world’s leading ship and offshore classification society and it will make DNV LG a world-leading independent provider of risk management, technical advisory, technical assurance service, testing, certification and other expert advisory services to companies in the electrical power value chain and of software for managing risk.
The merging companies both present leading market positions, complementary commercial strengths and an acknowledged reputation for premium quality and integrity. DNV GL comprises about 17.000 employees across 300 sites in more than 100 countries with revenues of EUR 2,500 million.
Through the merger, DNV will increase its advisory services to the renewable energy industries both in depth and breadth throughout the world.
Source: DNV GL