Air quality: ACOEM Group merges with Indo-Australian company Ecotech
(Thomson Reuters ONE) -
Limonest, France, February 22, 2017. ACOEM Group (?62 million revenue, 450
employees) announces its merger with Ecotech, Indo-Australian specialist in air
quality monitoring (?24 million revenue, 220 employees).
ACOEM Group's mission is to help companies and public authorities limit their
environmental impact, offering products and services that enable them to prevent
noise and vibration pollution, improve air quality, and increase the
productivity and reliability of industrial machines.
Leveraging this merger as well as its positioning in the high-growth market for
monitoring environmental parameters, ACOEM Group seeks to double its sales
revenue by 2020.
"The extensive expertise Ecotech possesses in air quality complements our well-
established know-how in acoustics and vibration, making the ACOEM Group the
world's first company to position itself in the measurement, analysis, and
control of all types of environmental parameters," says Fabien Condemine, CEO,
ACOEM Group. "Our merger with Ecotech also enables us to speed up our
international growth, notably by opening markets in Australia, India, and
Southeast Asia."
"Joining the ACOEM Group is an opportunity for Ecotech to continue its growth,
participating in the international success of a group that shares our vision and
common values," says Nicholas Dal Sasso, Managing Director at Ecotech.
This external growth operation is consistent with the ACOEM Group's strong
growth over the past five years (from ?40 million revenue in 2011 to ?62 million
in 2015), and it supports a development strategy that seeks to make ACOEM Group
the worldwide leader in monitoring environmental parameters.
This merger will enable both companies to leverage their expertise and
positioning:
* Ecotech will develop its expertise in air quality over all the zones covered
by ACOEM Group, notably Europe, North America, and Brazil.
* ACOEM Group will develop its expertise related to noise and vibration
pollution in all the zones covered by Ecotech, notably Australia, India, and
Southeast Asia.
Press contacts - Amalthea
Claire Faucon - cfaucon(at)amalthea.fr - +33 (0)4 26 78 27 13
Floriane Gouache - fgouache(at)amalthea.fr - +33 (0)4 26 78 27 15
About ACOEM Group
Founded in 2011 following the sale of Areva's 01dB-Metravib business, the ACOEM
Group specializes in measuring, analyzing, and controlling environmental
parameters. The ACOEM Group offers products and services that prevent noise and
vibration pollution, improve air quality, and increase the productivity and
reliability of industrial machines to help companies and public authorities
reduce their environmental impact. The ACOEM Group is based in Limonest,
France, and has four subsidiaries around the world, in Brazil, the United
States, Malaysia, and Sweden. The Group generated ?62 million in revenue in
2015, 70% of which was from international markets, and currently employs 450
people around the world.
About Ecotech
At Ecotech, problem solving is in our DNA. For over 40 years we have pioneered
innovative solutions in environmental monitoring for air, water, gas, blast,
particulate and dust. Headquartered in Melbourne, Australia we now operate in
more than 80 countries, manage over 440 real-time environmental monitoring sites
certified to internationally recognized quality standards. With two world-class
manufacturing facilities in India and Australia both certified to ISO 9001
Quality Management standard, Ecotech generated ?24 million in revenue in 2015
employing 220 people around the world. Ecotech is part of ACOEM Group.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ACOEM via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 22.02.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 525670
Anzahl Zeichen: 4648
contact information:
Town:
Limonest
Kategorie:
Business News
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"Air quality: ACOEM Group merges with Indo-Australian company Ecotech"
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ACOEM (Nachricht senden)
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