GZA GEOENVIRONMENTAL TECHNOLOGIES, INC. ANNOUNCES THE ACQUISITION OF THE PEWAUKEE, WIS., OPERATION OF LAYNE GEOSCIENCES, INC.
NEWTON UPPER FALLS, Mass., Nov. 11 /PRNewswire/ -- GZA GeoEnvironmental Technologies, Inc. (NASDAQ: GZEA) today announced that its subsidiary GZA GeoEnvironmental, Inc., has opened a Wisconsin office. This expansion was made possible through the acquisition of the Pewaukee, Wis., operation of Layne GeoSciences, Inc. (LGI). GZA believes the acquisition will enrich its technical practice capabilities in the Midwest and expand its client base. The Pewaukee operation, with a staff of 15, provides a variety of environmental and hydrogeologic consulting services. These services include groundwater exploration and development, environmental site characterization, corrective action and remedial services, and a variety of specialty support services such as mobile field analytic services. The operation will become part of GZA's Midwest Region. Commenting on the acquisition, Donald Goldberg, chairman of the board and chief executive officer, said, "The acquisition of LGI's Wisconsin operation is part of GZA's long range strategic plan to expand our presence in the Midwest. We believe the Midwest, with its strong industrial base, will provide exciting opportunities both to serve GZA's existing national clients as well as to reach new clients." Rick P. Harding, Midwest Regional Director commented, "We look forward to working with this talented team of professionals. Their technical staff includes hydrogeologists, engineers, geophysicists, chemists, geologists, and environmental specialists capable of handling a wide range of environmental and geotechnical problems. GZA's existing clients will benefit from the increased depth of technical skills available. The Pewaukee operation's existing clients will benefit from the ability to access the broader range of services that GZA provides." GZA Geo Environmental Technologies, Inc. provides a wide spectrum of environmental consulting, geotechnical engineering, remediation and construction services to private sector companies and public agencies. The common stock of GZA GeoEnvironmental Technologies, Inc. is listed on the National Market System of NASDAQ, symbol GZEA. -0- 11/11/93 /CONTACT: Kim Whelan, investor relations of GZA, 617-969-0700, ext. 6298/ (GZEA)
CO: GZA GeoEnvironmental Technologies, Inc. ST: Massachusetts, Wisconsin IN: ENV SU: TNM
DD-DJ -- NE007 -- 3075 11/11/93 08:47 EST
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|Date:||Nov 11, 1993|
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