TÜV Rheinland acquires Norway's Safetec Nordic to expand risk management services
(WO) 鈥 T脺V Rheinland has acquired Safetec Nordic AS, a leading Norwegian risk management consulting firm, to enhance its global risk, safety, and integrity management services. The acquisition will strengthen T脺V Rheinland鈥檚 presence in the Nordic region and consolidate its position as a top consultancy in Europe.
Safetec, which serves sectors including oil & gas, renewables, transportation, and maritime, will continue operating under the T脺V Rheinland Safetec brand in Norway and Sweden starting in 2025. Safetec鈥檚 UK operations will be integrated into T脺V Rheinland's existing UK risk and safety consultancy, Risktec.
Founded in 1984 and headquartered in Trondheim, Norway, Safetec has around 150 employees across multiple offices in Norway, Sweden, and the UK. With this acquisition, T脺V Rheinland will have over 600 consultants in risk and safety management across Europe.
鈥淥ur decision to join forces with T脺V Rheinland is driven by our shared vision and values,鈥 said Stein Eggan, CEO of Safetec. 鈥淭ogether, we are excited to embark on this new journey, fostering growth opportunities for our employees, accelerating innovation, and strengthening our commitment to sustained success for both our customers and our company.鈥
Gareth Book, Regional Business Stream Manager for T脺V Rheinland, added, 鈥淪afetec will complement our existing risk, safety, and integrity management services. We look forward to building on the customer relationships and trust that both companies have established over decades.鈥