Oil testing firm VPS has acquired PGI Industries Pte, a specialist in transformer oil sampling and testing based mostly in Singapore.
PGI Industries has been offering transformer oil testing companies from a laboratory in Singapore since 1994, VPS mentioned in an emailed assertion on Thursday.
The acquisition “is an integral a part of VPS’s forward-thinking technique to higher assist the ability and electrical energy provide industries in a extra sustainable method,” VPS mentioned within the assertion.
“The acquisition may even broaden our current VPS Transoil EU footprint into South East Asia to strengthen our international providing.”
“Incorporating PGI Industries’ valued high quality companies to the VPS portfolio creates an unbelievable alternative to develop and repair a bigger buyer pool in South East Asia.,” Koh Gek King, CEO of PGI Industries, mentioned within the assertion.
