Completion of Sale
Sydney, June 26, 2017 AEST (ABN Newswire) - EnviroSuite Limited (
ASX:EVS) (EnviroSuite or the Company) today announced the completion of the sale of its entire Pacific Environment Consulting practice, including DLA, (together PEC) to the world's leading environmental and sustainability consulting group, Environmental Resources Management (ERM). Details of the sale are set out in the Company's announcement of 27 April 2017.
Robin Ormerod, Managing Director and Founder of EnviroSuite, said "This is a transformational transaction for EnviroSuite as it becomes a focused, well-funded, global SaaS technology business. I would like to thank the staff of EnviroSuite, our legal advisers Addisons Lawyers, and corporate advisers TMT Partners, for their assistance in the transaction. We look forward to working with ERM as one of our partners in the globalisation of the EnviroSuite platform."
About ERM
Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. Through more than 160 offices in over 40 countries and territories employing more than 4,500 people, ERM is committed to providing a service that is consistent, professional and of the highest quality to create value for its clients. Over the past three years, ERM has worked for more than 50 per cent of the Global Fortune 500 companies, delivering innovative solutions for business and selected government clients, helping them understand and manage the sustainability challenges that the world is increasingly facing.
About EnviroSuite Limited
EnviroSuite Limited (ASX:EVS) (FRA:57P) is an environmental management technology company that has developed a leading Software-as-Service platform which translates data into action in real-time.
Using proprietary algorithms built on more than 30 years of environmental consulting experience, Envirosuite's platform provides a range of environmental monitoring, management and investigative capabilities.
Envirosuite's platform is used worldwide by a range of clients in the mining, oil refining, transportation and water management industries and by governments looking to regulate industry in accordance with community well-being.
To learn more, please visit: https://www.envirosuite.com
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