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VPS acquires Singapore-based PGI Industries; strengthens transformer oil sampling and testing portfolio

10 Jun 2021

International fuel testing and inspection company VPS, which includes transformer insulating oil testing services in its portfolio, on Thursday (10 June) announced the acquisition of Singapore-based transformer oil sampling and testing company PGI Industries Pte Ltd.

The acquisition is an integral part of VPS’s forward-thinking strategy to better support the power and electricity supply industries in a more sustainable way, explains VPS.

It also expands on VPS’ existing VPS Transoil EU footprint into South East Asia in order to strengthen the company’s global offering.

“The acquisition of PGI Industries will enhance VPS’ preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,” says Malcolm Cooper, CEO, VPS.

PGI Industries has been providing transformer oil testing services to its South East Asian customers since 1994 from its Accredited Laboratory in Singapore.

“Incorporating PGI Industries valued quality services to the VPS portfolio creates an incredible opportunity to grow and service a larger customer pool in South East Asia,” believes Koh Gek King, CEO, PGI Industries Pte Ltd.

To find out more about this valuable acquisition, VPS’s proactive approach to sustainability and how this unique value offering could benefit you, email Steve Bee, Group Commercial Director, at steve.bee@vpsveritas.com

 

Photo credit: VPS
Published: 10 June, 2021

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