Acquisition of OTM Consulting Limited

  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
nfranklin@racepointgroup.com
 
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