Neopartners acquired by Avalon Sciences

5th October 2012

Seismic equipment specialists, Avalon Sciences Ltd have acquired Neopartners

Avalon Sciences Limited (ASL) operates globally out of bases in the UK, Abu Dhabi, Singapore, China and the USA. It specialises in the design and manufacture of advanced borehole seismic equipment and has over 60 employees worldwide.

Neopartners will continue to trade under its existing brand, with Mike Manning remaining a Director of the business.

The acquisition will provide opportunities for both businesses. ASL plan to diversify their capabilities, exploring new business prospects in the areas of HPHT and intelligent well systems, whilst Neopartners will have access to the resources they require to attract larger contracts and offer turnkey solutions to major service companies.

CEO of Avalon Sciences, Gary Tubridy, said: “The two companies are a perfect fit. Neopartners’ expertise will give Avalon Sciences a huge boost in its high temperature electronic design capability and Neopartners will benefit greatly from Avalon’s in house testing and manufacturing resources.

Both companies are focused on the oil and gas industry with ASL concentrating on exploration and Neopartners on production. The combination will give ASL a much broader offering to the industry”

Mike Manning added: “We are delighted that Neopartners is now part of ASL, we have a long standing business relationship with them and a mutual understanding of each other’s expertise which will complement our collaboration going forward.

ASL’s support will enable us to provide a complete service to our clients whilst retaining our reputation for bespoke and reliable electronics systems.”

Both ASL and Neopartners will be at the SEG exhibition, stand 1110 in Las Vegas on 5th – 8th November 2012.

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