2 years ago
E3 ACQUIRES EQUITY STAKE IN SYNERGY INTERNATIONAL; ROLLS UP SYNERGY CA LP
(1888 PressRelease) E3 acquires equity stake in Synergy International Inc. to provide environmental design and engineering consulting services. Operating as a subsidiary, the business unit will leverage a broad array of scientific relationships in solving environmental and sustainability problems.
E3 Services and Solutions Inc. (www.e3space.com) has acquired an equity position in Synergy International Inc. The same transaction included the roll up of Synergy CA LP creating E3's environmental design and engineering division.
Synergy International Inc. has a ten year track record of delivering key design solutions in the areas of environmental architecture, solar solutions, wind solutions and urban farming. Synergy International's brand portfolio in combination with its global scientific consultants, will allow E3 to develop and further commercialize key competencies of the division. E3 will also work on research and development projects in conjunction with its Synergy's partner organizations which includes pollution control applications as well as key remediation technologies.
Mark A. Skoda, CEO of E3 stated, "Synergy International Inc. provides E3 with an environmental design and engineering competency critical to our long term business objectives. Reinhold Ziegler, who was recently inducted into the International Green Industry Hall of Fame (IGIHOF), is a thought leader and early developer of key green technologies. His portfolio of inventions, trademarks and environmental design knowledge are assets that E3 is excited to bring into our company. I am pleased to call him colleague and friend and look forward to advancing our business together. Reinhold will also serve as President of this division in his capacity as Chief Sustainability Officer of E3."
Reinhold Ziegler, President Synergy International Inc. commented, "E3 is doing important work in the area of water reclamation, remediation and processing. Their technology portfolio offers me the opportunity to integrate my experience and relationships which can accelerate the growth of the company. In a day and age where we hear only about scarcity, E3 is attacking the problem from a different point of view. The fact that the company embraces the philosophy of natural capitalism underpins their business model. I look forward to bringing the intellectual property assets and relationships of Synergy to E3."
The relationship includes a joint business development effort while focusing on the manufacturing to deployment of the E3 technology portfolio and Synergy International's technologies. Globalizing these solutions enhances the opportunity while also ensuring optimal use and deployment to the market in a rapidly changing business environment.
Skoda went on to say that "E3 embraces the philosophy of natural capitalism in which business and environmental interests increasingly overlap, and in which businesses can better satisfy their customers' needs, increase profits, and help solve environmental problems all at the same time. The acquisition of Synergy International advances our design and engineering capabilities while also providing key scientific relationships for our business, our clients and our society."
About E3 Services and Solutions LLC
E3 Services & Solutions (www.e3space.com) is a global green technology company focusing on energy, the environment and economic benefit for our clients, shareholders and the community at large. E3 embraces the philosophy of natural capitalism in which business and environmental interests increasingly overlap, and in which businesses can better satisfy their customers' needs, increase profits, and help solve environmental problems all at the same time.
Our technology spans water remediation and cleanup for the oil & gas, mining and geothermal industries; harvesting technologies for algae feed stock production; environmentally friendly lubricants and technologies for industrial, automotive and consumer markets; alternative fuel and energy production technologies; and environmental design & engineering.
E3 employs Environmentally Conscious Technologies and certifies those technologies through our .ECT compliance program.
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