ARLINGTON, VA -- (MARKET WIRE) -- May 15, 2007 -- Ewire -- Joseph H. Highland, Ph.D., C.E.O. of
ENVIRON Holdings, Inc. (ENVIRON), and Fred Boelter, C.I.H., P.E., Founder
and Chairman of Boelter Associates (Boelter), have announced the signing of
a Letter of Intent for ENVIRON to acquire Boelter -- the largest single
acquisition in the firm's history.
In making the announcement, Highland commented, "Through working together
with Fred and his colleagues, we have been impressed by Boelter's technical
expertise, professional resources, industry reputation, and marketplace
presence, which are highly compatible with ENVIRON." According to
Highland, the acquisition is ideally aligned with ENVIRON's deliberate
strategy of growing through acquiring talent in existing service areas or
expanding into geographies where clients would directly benefit from the
firm's presence. The addition of Boelter's organization of 50 positions us
to offer clients a significantly expanded array of in-depth occupational
health & safety and building sciences expertise.
Boelter commented, "We are delighted to be joining ENVIRON, a firm equally
committed to the goals of maintaining scientific integrity in client
engagements and delivering value that we believe is unique in our
industry." He continued, "Professional synergies abound -- our
architectural, scientific, engineering, and geologic practice areas
complement, expand, and add practical depth to ENVIRON's established
building energy conservation and indoor environmental quality practices.
Together we make a very strong team."
An international environmental and health sciences consulting firm with 65
offices in the Americas, Europe, and Asia Pacific, ENVIRON partners with
worldwide clients to assess and manage the potential environmental, health,
and energy issues associated with their activities and products. The firm
supports clients' efforts to reduce or eliminate health and environmental
impacts across their business life cycles.
Located in Park Ridge, Illinois, Boelter provides industrial hygiene,
safety, environmental engineering, and building sciences consulting, risk
management, and dispute resolution services to a wide range of clients,
including architects, developers/property managers, commercial and
industrial companies, attorneys, universities, and local governments.
Contact Information: For more information, please contact:
Jeanne Bezerra
Marketing Communications Director
ENVIRON Holdings, Inc.
214 Carnegie Center, Princeton, NJ 08540
+1 609 243-9840
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