22/07/2014

Environnement SA to acquire PCME Ltd.

Christophe_Chevillion_EnvironnementSA-William_Averdieck_PCME

Environnement S.A, leading European supplier of environmental monitoring equipment, and the company PCME Ltd, leading European supplier of continuous particulate monitors for industrial processes, are proud to announce the acquisition of PCME by Environnement S.A


 

Environnement S.A, leading European supplier of environmental monitoring equipment, and the company PCME Ltd, leading European supplier of continuous particulate monitors for industrial processes, are proud to announce the acquisition of PCME by Environnement S.A. It allows the enlarged group to offer worldwide, the most advanced and wide range of solutions to match present and future challenges in respect of process or regulatory environmental monitoring requirements for industrial processes.

 

This alliance will immediately contribute to the market release of a new range of innovative flow emission monitors, and accelerate both Research and Development in joint projects for innovative in situ instruments.

 

Each entity will keep its own autonomy, retaining the current management team and employees. The two companies are now concentrating their efforts to the anticipated strong growth of their activities provided by the synergies. It will benefit their respective customers, partners and employees in terms of expertise, quality and services.

 

François Gourdon, President and founder of Environnement S.A declares ”we are very enthusiastic about the opportunities that we’ll be able to provide to our worldwide industrial customers. The expertise of PCME for the monitoring of particulate in industrial processes, combined with the expertise of Environnement S.A in the monitoring and detection of very low concentrations of gas and fine particulate, including PM10 or PM2.5, will definitively provide new generation of equipment for the industrial regulatory market”.

 

William Averdieck, Managing Director and founder of PCME Ltd adds: “Both management teams know each other for many years, and have respect for the success they have both achieved in similar markets with complementary product lines. This strong partnership announced today will boost our organic growth plan and strategy, allowing us to double our revenue within 5 years, reaching new customers, new markets and new applications worldwide, while maintaining our strength as an innovative (and passionate) manufacturer of particulate and flow instruments

 

About ENVIRONNEMENT S.A ( www.environnement-sa.com ) :

Environnement S.A, the European leading manufacturer of on-line environmental monitors whose headquarters are based in Poissy (France), is a Public company since January 2006 listed on NYSE-Alternext.

Founded in 1978, Environnement S.A provides solutions to public and industrial decision makers responsible for environmental policy and compliance, helping them monitor and evaluate their ecological footprint. The company has developed advanced expertise in the following continuous monitoring fields: air quality, industrial emission, engine gas, water quality and radionuclide.

 

About PCME Ltd ( www.pcme.com ):

Headquartered in Cambridgeshire (UK) and founded in 1990, PCME is a leading specialist in the development, manufacture and supply of continuous particulate emission monitors for industrial processes. With instruments monitoring over 30,000 emission sources worldwide across a broad range of industries, PCME’s particulate monitoring solutions meet stringent regulatory requirements which improve environmental performance and control, increase plant effectiveness and assist in reducing costs.

 

“Peter Watson, Prism Corporate Broking provided Corporate Finance advice to the seller, with taxation advice from Mark Jackson, Rawlinsons and legal advice from Duncan Walker at Greenwoods LLP. Olivier Morel and Rachel Butler at Cripps LLP provided legal advice to the acquirer.”