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SGSOY SGS SA (PK)

8.84
-0.07 (-0.79%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
SGS SA (PK) USOTC:SGSOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.07 -0.79% 8.84 8.67 9.01 8.8605 8.84 8.8605 107,817 21:04:15

SGS Buys Brazilian Engineering Consultancy Enger Engenharia

06/05/2013 6:50am

Dow Jones News


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Swiss quality inspection company SGS SA (SGSN.VX) Monday said it has acquired Brazilian engineering consultancy Enger Engenharia SA for an undisclosed sum.

MAIN FACTS:

- Enger is a consulting engineering company operating primarily in the State of Sao Paulo. It serves the infrastructure & building market.

- Enger performs project supervision and management as well as technical consultancy for infrastructure, building and industrial projects in the feasibility, construction and operation phases.

- Founded in 1979 and privately owned, Enger employs 410 staff and generated revenue in 2012 in excess of BRL 75 million, SGS said.

- "This acquisition represents a milestone in our industrial services strategy in South America. With the recent acquisition of ETSA in Colombia, we are now in a strong position to leverage our skills in hydraulic plants, oil and gas facilities as well as in the transport and infrastructure sectors" said Chris Kirk, Chief Executive of SGS.

-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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