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SHAREHOLDERS OF EPC INTERNATIONAL, INC. APPROVE SALE OF BUSINESS AND NET ASSETS TO THE RANDERS GROUP INCORPORATED

 MUSKEGON, Mich., Nov. 29 /PRNewswire/ -- The Randers Group Incorporated (AMEX-ECM: RGI) announced today that the shareholders of EPC International, Inc. (EPC) have approved the sale of the business and net assets of EPC to The Randers Group Incorporated.
 EPC is a privately held, 40-person engineering/construction management firm located in Mount Prospect, Ill. EPC provides engineering, procurement and construction management services primarily to petroleum refining, petrochemical, chemical, and pharmaceutical clients in Illinois and the surrounding areas. EPC reported revenues of $1,529,000 for the nine months ended Sept. 30, 1993 and $2,973,000 for the year ended Dec. 31, 1992.
 The Randers Group Incorporated and EPC are now proceeding to a definitive purchase agreement.
 Upon joining the Randers Group of Companies, EPC will provide a strong Chicago-based operation from which the Randers Group of Companies can market their design/build services and engineered equipment systems.
 -0- 11/29/93
 /CONTACT: LaWanda Furlough of The Randers Group, 616-733-0036/
 (RGI)


CO: The Randers Group Incorporated; EPC International, Inc. ST: Michigan, Illinois IN: CST SU: TNM

SB-RD -- DE013 -- 8235 11/29/93 11:20 EST
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Publication:PR Newswire
Date:Nov 29, 1993
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