6th Feb 2014 11:38
LONDON (Alliance News) - 3i Group-backed SLR Management said Thursday that it has acquired HFP Acoustical Consultants Inc in the US and HFP Acoustical Consultants Corp in Canada, in order to increase its expertise in acoustics and noise control.
SLR declined to divulge any financial details on the acquisition.
Neil Penhall, Chief Executive of SLR, said, "The acquisition of HFP brings additional technical expertise within many of the sectors where SLR has a strong market position, including industrial noise control consultancy for oil and gas facilities, pipelines, and power plants, as well as acoustics consultancy for architects and developers, including engineered audio-visual system designs. We, therefore, look forward to growing the business as part of the wider group by offering our combined existing client base, as well as new customers, the full breadth of our services globally."
The environmental consultancy's North American operations, headquartered near Seattle in the US and Vancouver in Canada, now has over 400 employees providing environmental services across the region. Globally, SLR employs over 1,000 technical staff across 70 international offices.
Shares in 3i Group were trading up 0.63% at 382.4 pence per share Thursday.
By Alice Attwood; [email protected]; @AliceAtAlliance
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
3i Group