22/07/2014 18:52:34 Free Membership Login

SGS Buys E&S Engineering Solutions Inc. For Undisclosed Sum

Date : 01/08/2013 @ 12:05PM
Source : Dow Jones News

SGS Buys E&S Engineering Solutions Inc. For Undisclosed Sum

ZURICH -- SGS S.A. (SGSN.VX) Tuesday said it has acquired E&S Engineering Solutions Inc., Tucson, Arizona, for an undisclosed sum.

MAIN FACTS:

- E&S Engineering Solutions Inc.(E&S) is the parent company for KD Engineering (KDE) and METCON Research (Metcon).

- The companies provide metallurgical testing and process flow sheet development, plant design, plant optimization and project engineering services to the non-ferrous mining industry.

- KDE specialises in process engineering & design and project studies, while Metcon focuses on analytical testing and metallurgical services.

- Together they serve their clients from geological exploration to ore processing.

- Acquired by its current owners in 2005 and privately owned, E&S employs 60 highly skilled staff and is expected to generate 2012 revenues of $9 million.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires




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