...LRS... prepare to be assimilated ... all your bases are belong to Fugro. _________ A letter of intent has been signed with the shareholders of LaCoste Romberg-Scintrex, Inc. (LRS), a Canadian airborne survey company, by which Fugro will acquire its geophysical survey activities and its Australian subsidiary. In addition Fugro will take a 10% shareholding in LRS together with a seat on its board of directors. LRS manufactures equipment required for geophysical and gravity surveys and has a substantial share of the world market for this equipment. The activities will be integrated with the existing Fugro Airborne Surveys companies per 1 July 2001. The airborne survey services are provided from offices in Canada and Australia. A staff of 25 employees will join Fugro and the annual turnover of the acquired activities is about CAD 3.9 million (EUR 2.9 million). _______________________________________________________ List archive: http://www.mail-archive.com/[email protected]
