Vinçotte (company)
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Vinçotte (company)
Vinçotte is a Belgium, Belgian accredited inspection and certification organisation, that controlled 75% of the Belgian safety, reliability market in 2004. This holding company, holding is the result of a Mergers and acquisitions, merger between two similar non-profit inspection associations : AIB and Association Vinçotte. In May 2022, Vinçotte was acquired by Kiwa NV, Kiwa, a Dutch company active in the Testing, inspection and certification, same industry. History An overview of Vinçotte's history is bound to discourse on the two competing associations that merged in 1989. These two associations were : Association Vinçotte and AIB (Association des Industriels de Belgique). Association Vinçotte In 1872, Maurice Urban, a director of the National Railway Company of Belgium, asked Robert Vinçotte, a young engineer, to help found an organisation to inspect Boiler (steam generator), steam boilers in factories. The "Association pour la surveillance des chaudières à vapeur" was ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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