Kroll acquires AVC

Kroll has announced the acquisition of Appraisal and Valuation Consultants Ltd, an independent firm that specialises in the valuation of oil, gas, petrochemical, chemical, power, mining, metals processing and offshore facilities for insurance and other purposes.

Antony Attwell, CEO and co-founder of AVC, will become a managing director and lead the new team, reporting into Rebecca Fuller, managing director and global fixed asset advisory services leader.

“Kroll’s market reputation and global platform makes this move an exciting next step for our team. We look forward to bringing our specialist knowledge and technology to the Kroll team to support clients across the energy sector and beyond,” Attwell said.

“Our new colleagues bring a wealth of specialised expertise that will benefit our energy clients at a time when inflation is driving replacement costs up and many are underinsured. The acquisition enhances our ability to provide our energy clients with technology-enabled solutions that will drive consistency and efficiency in fixed asset valuations, establishing a new standard of excellence in the market,” Fuller added.

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