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RPS Group Buys Ichron

26th Sep 2013 07:06

LONDON (Alliance News) - RPS Group plc (RPS.L) announced the acquisition of Ichron Limited, a UK based consultancy providing geological and training services to the international oil and gas sector, for a total consideration of 12.5 million pounds. Ichron has its offices and a geological sample preparation and analysis laboratory in Cheshire, UK. The company works primarily on projects in Europe, Africa and the Middle East. Its specialist services include reservoir geology, biostratigraphy and chemical stratigraphy. The four vendors of the business, together with all employees, are remaining with RPS.

Copyright RTT News/dpa-AFX


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