Lloyd's Register Capstone acquires Celerity3 Engineering
Acquisition strengthens process and chemical engineering
expertise
Lloyd's Register Capstone, Inc. has concluded the acquisition of
Celerity3 Engineering, Inc., an engineering firm based in Houston,
Texas. Celerity3 specializes in design, process, and safety
solutions and has delivered practical solutions to challenging
engineering problems for more than four years.
Celerity3's activities will support the development of an
improved range of energy services from Lloyd's Register to clients
that operate in-service assets in the oil, gas, chemicals and power
sectors and also with more comprehensive assurance packages to
stakeholders in new facility-development projects.
Lloyd's Register Americas acquired Capstone Engineering Services
three years ago, advancing the organization to a market-leading
position for in-service asset management expertise. The acquisition
of Celerity3 is the latest development in a strategic plan to
strengthen the Group's specialist capabilities, adding specific
expertise in pressure relief and process-and-chemical engineering
to complement the Lloyd's Register Group's world-class strength in
a wide range of engineering and technology disciplines. "As we
build our global business in through-life, asset performance
assurance, the need for excellence in these disciplines will become
increasingly important," says David Corbett, Senior Vice President
of Lloyd's Register North America's energy business in Houston. "We
plan to build the Celerity3 expertise into the global deployment of
our service packages for in-service, process-facility assurance,
and we expect many opportunities to present themselves around the
world for the business and for our people as we move forward."
John Perez, P.E., Celerity3 President and co-founder, says,
''Integrating Celerity3 with Lloyd's Register's global business
will provide many opportunities to expand our client base, widen
our horizons, and provide greater career opportunities for our
employees. Together, we are building capability to provide
comprehensive services to manage asset-performance issues and
deploying advanced technology to support the improvement of
facility operation that can help asset operators create safer, more
effective, and more efficient business."
Iain Light, Global Oil and Gas Director of Lloyd's Register,
says, "The merging of Celerity3 into our Americas operations is
further progress in positioning Lloyd's Register on the world
energy stage. To be able to provide a logical extension to our
service portfolio and to strengthen our position in Houston, one of
the world energy hubs, is completely in line with our strategic
plan and to be increasingly capable to deliver to our clients on a
local basis."
Ends.
Notes to editors
1. The Lloyd's Register Group is an independent risk management
organization. It works to help improve its clients' quality,
safety, environmental and business performance throughout the
world, because life matters. Its expertise and activities cover
shipping, railways, other land-based industries and oil and gas.
The Group comprises charities and non-charitable companies, with
the latter supporting the charities in their main, public-benefit
goal.
2. A photograph to accompany this release is available from
news@lr.org Picture caption:
Pictured at the acquisition contract signing ceremony - front row
left to right: Noel Irvin, Celerity3, David Corbett, Lloyd's
Register North America, John Perez, Celerity3. Back row left to
right from Celerity3: Aubry Shakelford, John Germany, Najib Melhem.
The new team, based in Houston, will strengthen Lloyd's Register's
engineering capability for the energy industry.
For more information, contact
Lori Malone
Communications Manager
Lloyd's Register Americas
T +1 281 675 3133
F +1 281 675 3138
E lori.malone@lr.org
Lloyd's Register Americas, Inc.
1401 Enclave Parkway, Suite 200
Houston, Texas 77077
T +1 281 675 3100
F +1 281 675 3139
E americas@lr.org
Linzi Punton
Lloyd's Register
T +44 (0)1224 267479
E linzi.punton@lr.org
Lloyd's Register
71 Fenchurch Street
London EC3M 4BS, UK
T +44 (0)20 7709 9166
F +44 (0)20 7488 4796
E news@lr.org
www.lr.org
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are exempt charities under the UK Charities Act 1993.