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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.

ENVIRON announces merger with ADVENT

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

ENVIRON announces merger with ADVENT

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ENVIRON announces merger with ADVENT

ARLINGTON, VIRGINIA, May. 24 -/E-Wire/-- Joseph H. Highland, Ph.D., C.E.O. of ENVIRON Holdings, Inc. (ENVIRON), and Carl E. Adams, Ph.D., C.E.O. of The ADVENT Group (ADVENT), are pleased to announce the merger of the two firms in an asset-purchase transaction completed on April 30. ENVIRON is an international environmental and health sciences consulting firm with 50 offices in the Americas, Europe, and Asia Pacific. ADVENT, a premier consulting and engineering organization with nine U.S. and overseas locations, specializes in Integrated Industrial Wastewater Management and related areas for predominately industrial clients, which overlaps well with ENVIRON's client base.

The two companies have worked together successfully for two years in a joint venture/strategic partner relationship marketed as ENVIRON WMS. Through this relationship, the firms recognized that their cultures and the highly technical and strategic nature of their services were very compatible and complementary.

Commenting on the merger, Adams remarked, "While we at ADVENT have been approached by many firms seeking our know-how and innovative technological expertise, ENVIRON was the only firm that had the culture, industrial client base, international presence, and diversified, private ownership structure that will serve ADVENT's employees well over time." Recent market research and surveys of Corporate EH&S; managers acknowledge the growing importance of water and wastewater management issues and challenges facing industry both in the U.S. and internationally. According to Highland, the merger of ENVIRON and ADVENT has created a firm uniquely qualified to provide clients with a full range of engineering and technical services to address these needs and to help clients meet their business goals related to water management. "This exciting transaction is in keeping with ENVIRON's business goals of responding to marketplace demands while remaining at the high end of our industry," says Highland.

ENVIRON's professionals provide assistance to clients worldwide addressing a wide variety of issues related to the presence of chemicals in the environment; in food ingredients and packaging; in drugs, medical devices, and consumer products; and in the workplace; as well as business issues related to the development and use of energy and environmental technologies.

A specialty environmental firm focusing on industrial wastewater management, ADVENT has a strong reputation in the industry as a technology innovator and developer, as well as a consultancy.

ADVENT will communicate with the marketplace during an interim period as ADVENT-ENVIRON.

ENVIRON Holdings, Inc.

Jeanne Bezerra, Marketing Communications Director

214 Carnegie Center, Princeton, NJ 08540

[REDACTED-EMAIL]

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