Spectris Plc Acquisition of ESG Solutions Prompts International Expansion and R&D Advancement in Mining and Geotechnical Division
KINGSTON, Ontario - Spectris plc (SXS: LSE), a UK based company with annual revenues of over C$2 billion and over 8,000 employees in more than 30 countries, has recently acquired ESG Solutions (ESG), an industry leader in microseismic technology and services. Since ESG was acquired by Spectris in December of 2014, plans for international market expansion in both the mining and geotechnical divisions at ESG have been in development. In addition, ESG has mandated an enhanced focus on RD and market analysis to provide added value to its clients in the mining and geotechnical industries.
ESG's goal is to establish a stronger presence internationally and provide mining and geotechnical services worldwide. In addition to expanding ESG's presence in China, new offices are being opened globally, such as the Perth office in Australia, and new market expansions are being evaluated for regions such as Africa and Latin America. By establishing local offices, ESG will be able to provide accessible and timely services and support to its growing international clientele.
ESG has also increased its focus on RD in the mining and geotechnical divisions in such areas as fiber optic sensing and advanced vibration monitoring. Through market analysis and client engagement, ESG will target specific needs in the mining and geotechnical industries to ensure new products and services meet client's needs.
"This is a two part strategic move for ESG," says Zara Hosseini, General Manager, Mining and Geotechnical Services at ESG. "Increasing our on-the-ground presence globally will allow us to better serve our international clients. In addition, focusing on R&D will ensure that the services and products we provide to existing and future clients are in response to industry needs and are state-of-the-art."
ESG will be attending and presenting technical papers at the upcoming CIM 2015 Convention (Canadian Institute of Mining, Metallurgy and Petroleum) in Montreal, QC from May 10-13. For more information, please visit ESG Solutions at www.esgsolutions.com.
About ESG Solutions:
Founded in 1993, ESG Solutions (Engineering Seismology Group or ESG) is a pioneer and leading provider of innovative microseismic solutions for the mining, oil and gas and geotechnical industries. ESG helps operators improve safety, optimize production, reduce costs and mitigate risk associated with underground and open-pit mining, hydraulic fracturing, thermal enhanced oil recovery, waste-water injections, natural gas storage, carbon sequestration and geotechnical applications. ESG is headquartered in Kingston (Canada), with operations in Calgary, Houston, Muscat, Beijing and Perth and sales offices in Dallas, Dubai and Bucharest. For more information, visit www.esgsolutions.com.
About Spectris:
Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The Company's products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, United Kingdom, the Company employs approximately 8,000 people, with offices in more than 30 countries. For more information, visit www.spectris.com.
Contact: Melissa Hoy, 613-548-8287 ext. 288
SOURCE ESG Solutions
Web Site: http://www.esgsolutions.com
