Acquisition of OTM Consulting Limited Sagentia Group expands presence in oil & gas technical consultancy market through acquisition Business Wire CAMBRIDGE, United Kingdom -- July 11, 2013 Sagentia Group plc has announced the acquisition of OTM Consulting Limited (“OTM”), an international technology management consultancy specializing in the oil, gas and alternative energy sectors. Founded in 1993 by Managing Director, Chris Dudgeon, who will remain with the business as Managing Director, employs 35 professionals and is based in Guildford, UK, with offices in Houston, USA and Dubai. The company has an impressive global blue-chip customer base in the sector, including BP, ConocoPhillips, Schlumberger, Shell and Statoil and provides services that help operators and their suppliers to identify, commercialize and deploy new technology. OTM’s services cover four main areas: market intelligence, technology strategy planning, technology commercialization and knowledge-sharing networks for subsurface and deepwater operations. The acquisition is expected to enable Sagentia to accelerate its development in this identified growth market. For more information, visit www.sagentia.com About Sagentia Sagentia is a global innovation, technology and product development company. We provide outsourced R&D consultancy services to start ups through to global market leaders across medical, industrial and consumer industries and we have a growing presence in the energy and cleantech sectors. With global headquarters in Cambridge, UK, and US headquarters in Boston, Massachusetts, Sagentia works with clients from opportunity discovery through to concept generation and full product development and transfer to manufacture. We deliver science, technology and engineering innovation, and work with clients to develop next generation products and services that provide commercial value and market advantage. Further information can be found at www.sagentia.com. Contact: Sagentia Tamara Kahn, +44 1223 875205 Vice President, Corporate Development Tamara.Kahn@Sagentia.com or Racepoint Group Nicole Franklin, 617-624-3223 Account Director firstname.lastname@example.org
Acquisition of OTM Consulting Limited
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