Reinsurance News

Barbuss acquires marine surveyor KVDS

28th February 2024 - Author: Jack Willard

Barbuss a provider of specialised financial, claims services and specialised coverage for the risk industry, has announced that it has acquired 100% of the shares of KVDS, an independent marine surveyor based in Antwerp, Belgium.

From what we understand, the acquisition welcomes a number of talented professionals from KVDS, who will not only contribute to the expansion of Barbuss’ team, but it will also provide the company with more industry knowledge and experience.

At the same time, with KVDS now under the Barbuss umbrella, there is a notable expansion in service offerings, especially marine and non-marine services throughout Europe, the company noted.

In a statement, Barbuss explained that it sees this acquisition as a “key driver” for propelling the company towards its strategic objectives for 2026.

It has also been confirmed that both KVDS’ Kurt Vanderspinnen and Bert Smets will continue to lead the team in their respective roles.

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Barbuss was established more than 20 years ago. The company has a number of international hubs, including ones in London and Antwerp, Sao Pablo, Miami and Johannesburg.

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