The competition authorities in South Korea, the U.S., the EU and China have cleared the merger between standards bodies DNV and GL.
The new company, formally called DNV GL Group, will comprise 17,000 employees across 300 sites in more than 100 countries. The merger was originally announced in December 2012, but it required acceptance from the competition authorities. All certificates and approvals from DNV and GL will remain valid.
"We look forward to offering the best capabilities of our respective organizations to further advance the industries we serve and make a global impact for a safe and sustainable future – a safer, smarter and greener future for our customers and society at large," comments Henrik O. Madsen, group CEO of DNV GL.