Applus

What Applus does

Applus+ is a Barcelona-headquartered, publicly listed (BME: APPS) global Testing, Inspection, and Certification (TIC) company operating in 65+ countries with 10,000+ employees and approximately €2.27 billion in 2023 revenue. The company traces its non-destructive testing (NDT) heritage to Röntgen Technische Dienst (RTD), founded in the Netherlands in 1937 as the world's first non-governmental commercial NDT provider, and now operates through three primary divisions: Energy & Industry (oil & gas, power, renewables, mining, infrastructure), Laboratories (product testing, certification, cybersecurity), and IDIADA (automotive engineering, homologation, proving grounds). It serves enterprise customers including ExxonMobil, Chevron, Shell, Petrobras, CNOOC, Petronas, EDF, ADNOC, and government/railway operators, delivering inspection, testing, and certification services via direct enterprise field sales teams in 65+ countries.

The company's technological foundation combines conventional NDT methods (ultrasonic, radiographic, eddy current, magnetic particle, liquid penetrant) with proprietary advanced technologies, most notably IWEX (Inverse Wavefield Extrapolation) — a full matrix capture ultrasonic technique patented in 2005 with dedicated hardware patented in 2012, co-developed with Delft University of Technology, capable of generating up to 24 simultaneous imaging modes. Other proprietary technologies include DTI Trekscan (free-floating in-line pipeline inspection), RTD RotoScan (pipeline weld inspection), EMAT (electromagnetic acoustic transducer), and Phase Coherence Imaging patented in 2026. The company is pursuing NDT 4.0 integration involving robotics, AI, IIoT, and digital twins, and has recently expanded into drone-based inspection via partnerships with Fuvex, Oktogrid, and RemSense.

Applus+ generates revenue through professional services delivered via multi-year B2B contracts with customized quote-based pricing. Its M&A-driven growth strategy has added Enertis (renewable energy, 2021), jtsec and Lightship (cybersecurity, 2022), Keystone Compliance (US testing labs, 2024), APEM Group (environmental consultancy, £335M, 2026), Teron Labs (cybersecurity, 2026), and Ambiente (Italian environmental consulting, 2026). Apollo Global Management acquired a 21.85% stake for €300 million in January 2024, providing growth capital without control. The portfolio spans NDT, asset integrity management, product certification (CE marking, radio type approval), vehicle technical inspection networks across multiple countries, environmental consultancy, and cybersecurity certification, serving regulated, mission-critical end markets where compliance and safety drive recurring demand.

Name

Applus

Legal name

Applus+

Website

https://applus.com

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Applus+ is a global Testing, Inspection, and Certification (TIC) company operating in 65+ countries, providing non-destructive testing, asset integrity management, certification, and environmental consultancy services to enterprise clients in oil & gas, renewables, automotive, aerospace, and infrastructure.

Ownership category

akta.pro rank

Product category

Testing, Inspection, and Certification (TIC) Services

NAICS

Testing Laboratories and Services (541380), Testing Laboratories and Services (54138), Engineering Services (54133), Environmental Consulting Services (54162)

SIC

Services-Testing Laboratories (8734), Services-Engineering, Accounting, Research, Management (8700), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)

akta.pro secondary industries

Non-Destructive Testing (NDT) & Inspection Services (IMAIACAI), Third-Party Certification, Code Compliance & Regulatory Inspection (ASME/API/ISO) (EUAEAHAN), Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC) (EUALABAO), NDT/NDE Inspection Equipment (Ultrasonic, eddy current, radiography, thermography) (IMAGAFAI), NDT/Inspection & Testing Services (Aviation) (IMABALAJ)

Keywords

• Non-destructive testing services
• Industrial inspection services
• Product certification services
• Asset integrity management
• Vehicle inspection services

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Testing Services: Non-destructive testing (NDT) services including ultrasonic testing, radiographic testing, eddy current testing, magnetic particle inspection, and liquid penetrant testing for various industries including aerospace, automotive, military, oil & gas, and power generation. Delivered through global network of offices with on-site and in-service asset inspection capabilities.
2. Inspection Services: Inspection services helping clients evaluate whether products, processes and services comply with relevant standards, both regulatory and voluntary. Includes rig inspection, marine inspection, structural inspection, and third-party vendor inspection services.
3. Certification Services: Product certification and market access services, management systems certification, CE marking, and radio type approval. Helps clients achieve regulatory compliance and market access globally.
4. Vehicle Inspection Services: Vehicle Technical Inspection (VTV) services operating in multiple countries including Spain, Argentina, Chile, Denmark, Ireland, Mexico, Saudi Arabia, Sweden, and Uruguay.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Applus+ is a global leader in the Testing, Inspection, and Certification (TIC) sector, delivering non-destructive testing (NDT), inspection, and certification services for industrial assets, products, processes, and vehicles. The company serves oil and gas, power, renewables, aerospace, automotive, railway, telecommunications, and infrastructure clients through three operating divisions: Energy & Industry, Laboratories, and IDIADA. Services are delivered via a global network of offices in 65+ countries using proprietary technologies such as IWEX and conventional NDT methods.

Product overview

Applus+ is a global leader in Testing, Inspection, and Certification (TIC) operating as a multi-division organization comprising the Energy and Industry Division (engineering, inspection, NDT, and consulting across oil & gas, power, renewables, mining, and infrastructure in 65+ countries), the Laboratories Division (product testing, certification, calibration, and cybersecurity evaluations), and the IDIADA Division (automotive engineering, homologation, ADAS testing, and proving grounds in Spain and China). The company offers a comprehensive portfolio of proprietary and standard testing technologies including its flagship IWEX ultrasonic inspection system, alongside conventional NDT methods, inspection services, certification, vehicle inspection networks, and environmental consultancy. The product portfolio includes specialized services for aerospace, automotive, oil and gas, renewable energy, railway, telecommunications, and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Brands

• APEM Group: Environmental consultancy services, now part of Applus+ Environmental Services Division
• Enertis Applus+
• Barlovento Applus
• Applus+ Velosi
• Applus+ Keystone

Products and services

• Non-Destructive Testing (NDT)

Quantifiable outcome

• 135 GW of solar energy projects completed
• +3 more outcomes

Named customers11 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered strategic, major, minor, foundational and core.

• RemSense Technologies LtdstrategicStrategic or Co-development Partner · 24 June 2026RemSense Technologies Ltd secured a project award through strategic partner Applus+ for deployment of ultra-high-resolution ground and drone-based capture, photogrammetry, and LiDAR technologies at ExxonMobil's Bass Strait facility. The project is delivered through RemSense's virtualplant platform supporting remote digital visual inspections and asset integrity workflows.
• ADNOCmajorStrategic or Co-development Partner · 1 May 2026Applus+ in UAE received official approval from ADNOC Offshore to deliver specialized lifting training courses for personnel working on ADNOC onshore and offshore facilities. The authorization covers appointed person training, crane operator training, EOT crane operator training, and rigging and slinging courses.
• Electro Scan (UK) Ltd.minorStrategic or Co-development Partner · 11 February 2026Electro Scan was awarded a 5-kilometer sewer condition assessment contract with Ras Al Khaimah Water Authority (RAKWA) in partnership with Applus Velosi. This marks the third collaboration between Electro Scan and Applus Velosi on work for RAKWA, deploying Focused Electric Leak Location (FELL) detection technology.
• OktogridstrategicStrategic or Co-development Partner · 20 November 2025Applus+ and Oktogrid collaborating in advanced electrical asset monitoring solutions.
• FuvexstrategicStrategic or Co-development Partner · 24 October 2025Applus+ and Fuvex collaborating to test long-range drone technology for power infrastructures monitoring.
• Delft University of TechnologyfoundationalTechnology or Integration · 14 October 2025IWEX technology was developed in cooperation with Delft University of Technology. This academic partnership contributed to the foundational development of the proprietary IWEX inspection technology.
• APEM GroupcoreStrategic or Co-development Partner · 3 October 2025Applus is acquiring APEM Group for £335 million. The acquisition aims to combine APEM's environmental consultancy expertise with Applus+'s technological and global presence to enhance service offerings and expand into new markets. WestBridge completed the sale at an 11.5x multiple. APEM Group grew revenues from £10 million to over £100 million under WestBridge's ownership.
• Keystone CompliancecoreStrategic or Co-development Partner · 1 November 2024Applus+ acquired Keystone Compliance, a testing firm based in New Castle, Pennsylvania, in November 2024. The company now operates as Applus+ Keystone, part of its laboratories division. It performs safety, electromagnetic, environmental, and package testing across hundreds of industries including aerospace, automotive, and military sectors.
• jtsecstrategicStrategic or Co-development Partner · 19 July 2022Applus+ acquired jtsec, a cybersecurity certification company, to strengthen its ability to meet rising demand for cybersecurity services related to IoT devices. The acquisition follows the previous purchase of Lightship and enhances assessment capabilities for connected products like payment systems, vehicles, and consumer devices.
• EnertiscoreStrategic or Co-development Partner · 7 May 2021Applus+ completed the acquisition of Enertis, a Spanish provider of services to solar photovoltaic and energy storage industries. Enertis, with revenues around €20 million, has worked on solar energy projects with total installed capacity of 135 GW and has been recognized for work on over 2,500 renewable projects across multiple countries.

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• DNV: Norway-based TIC and maritime classification society with leading energy and pipeline integrity practices. Highly comparable to Applus+ in offshore inspection, NDT, and energy certification.
• Mistras Group: US-listed pure-play NDT and asset integrity services company serving oil & gas, aerospace, and infrastructure. Direct competitor to Applus+ in advanced ultrasonic NDT and structural integrity services.
• SGS: Swiss-based global TIC major covering industrial, energy, automotive, and environmental testing and certification. Overlaps directly with Applus+ in TIC for energy infrastructure and product testing labs.
• Team Inc. North American provider of NDT, inspection, and asset integrity services for energy and industrial customers. Closely comparable to Applus+ Energy & Industry Division in pipeline and process plant inspection.
• Intertek: London-listed TIC group with strong presence in energy, commodities, and product assurance. Direct competitor in oil & gas inspection, certification, and laboratory services where Applus+ Laboratories and IDIADA compete.
• Bureau Veritas: Paris-listed global TIC leader with a comparable portfolio across marine, offshore, oil & gas, power, and certification. Most direct competitor to Applus+ in TIC services and a useful benchmark for multiple and margin trajectory.
• TÜV Rheinland: Global TIC provider with overlapping testing, inspection, and certification offerings in industrial, mobility, and energy segments. Relevant comparable for Applus+ Laboratories and certification.
• TÜV SÜD: German TIC major with deep industrial and energy inspection capabilities. Competes with Applus+ in industrial services, automotive testing, and certification across regulated markets.

Broad incumbents

• ALS Limited: Australia-based testing services group spanning life sciences, environmental, and geochemistry. Overlaps with Applus+ in environmental and industrial testing, though Applus+ is heavier in NDT and asset integrity.
• Eurofins Scientific: Large European testing and laboratory services platform. Adjacent comparable for Applus+ Laboratories' product testing and certification business, although Eurofins is far less exposed to NDT and energy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/appluscorp
• YouTubeyoutube.com/user/ApplusCorporate/featured
• LinkedInlinkedin.com/company/applus
• Facebookfacebook.com/ApplusRTD

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Applus