Bureau Veritas buys Spin 360
Specialist Milan-based leather-focused consultancy Spin 360 has been bought by Bureau Veritas. The Paris-based testing, inspection and certification services provider announced that it had acquired Spin 360 on January 23.
It said it had made this move to accelerate growth in Italy and to “create new strongholds” in consumer product sectors.
Bureau Veritas added that it wanted to combine Spin 360’s proprietary tools for lifecycle assessment (LCA) with its own certification and supply chain auditing expertise. It said this would help position Bureau Veritas as “a global centre of excellence for premium fashion and luxury”.
Bureau Veritas said Spin 360 had revenues of around €4 million in 2024 and employed around 30 people.
Spin 360 was founded in 2009 by Federico Brugnoli, who has played a prominent role for many years in promoting sustainability in the production of leather and leathergoods. He is an indefatigable organiser and facilitator of discussions and conference sessions at important industry events such as Lineapelle and Micam.
Mr Brugnoli was one of the main architects of European leather’s product environmental footprint category rules, which the industry developed between 2013 and 2018. He has also played a leading role in helping leather manufacturers and fashion companies carry out LCA studies, allowing them to form an accurate assessment of their own environmental footprint, while also collecting accurate, industry-wide data.
In turn, this data has helped the global leather industry challenge inaccurate information about leather’s environmental footprint in widely used tools such as the Higg Material Materials Sustainability Index (MSI).
Please see separate story for Spin 360’s statement on the acquisition.
