DNV GL’s Acquisition of a minority stake in blockchain service provider VeChain


Norton Rose Fulbright has advised DNV GL, the world’s largest classification society and risk management and quality assurance company, on its minority stake acquisition in leading public blockchain service provider VeChain and the development of its associated blockchain experience and capabilities.

DNV GL specializes in assessments and certification across all industry sectors. This investment enables DNV GL to expand on the digital assurance solutions it has been working on with VeChain, including leveraging on other IoT technologies to enhance quality assurance and risk management in the manufacturing and production process.

Norton Rose Fulbright has advised DNV GL with a team including Stephen Woods (Picture) George Mason and Sun Hong.

Involved fees earner: Stephen Woods – Norton Rose Fulbright; George Mason – Norton Rose Fulbright; Sun Hong – Norton Rose Fulbright;

Law Firms: Norton Rose Fulbright;

Clients: DNV GL AS;