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GP Strategies Buys Lorien Engineering Solutions

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Global performance improvement solutions provider GP Strategies Corp. (GPX) announced that it has acquired UK-based Lorien Engineering Solutions or LES, a provider of engineering design and project management services with specific expertise in the food & beverage, manufacturing and life sciences industries.

GP Strategies can now provide further value to LES clients by offering services including technical documentation, reliability and maintenance, operational excellence, training needs analysis, and training design, development and delivery. With the addition of LES, which represents over 70 employees, the acquisition also expands the Company's design engineering expertise beyond the United States into the UK and Poland. GP Strategies anticipates that the acquired business will be accretive to earnings per share in 2013.

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