VPS has announced it has acquired Singapore-based transformer oil sampling and testing company PGI Industries.
According to VPS, the move in an integral part of the company’s forward-thinking strategy to better support the power and electricity supply industries in a more sustainable way.
The acquisition will also expand VPS’s existing VPS Transoil EU footprint into Southeast Asia.
‘The acquisition of PGI Industries will enhance VPS’s preventative maintenance services offered to the power sector, increasing protection and sustainability of the asset,’ said Malcolm Cooper, VPS CEO.
PGI Industries has been providing transformer oil testing services from its laboratory in Singapore since 1994.
‘Incorporating PGI Industries valued quality services to the VPS portfolio creates an incredible opportunity to grow and service a larger customer pool in Southeast Asia,’ commented Koh Gek King, CEO, PGI Industries Pte Ltd.