SOURCE: Ecology and Environment, Inc.
April 02, 2014 12:30 ET
LANCASTER, NY--(Marketwired - Apr 2, 2014) - Ecology and Environment, Inc. (E & E) (NASDAQ: EEI) recently completed the purchase of all outstanding shares of Walsh Environmental Scientists and Engineers, LLC (Walsh), making it a wholly owned subsidiary. Walsh in turn owns controlling interest in four other companies: two in the inter-mountain West and two in South America.
The Walsh group has delivered average per year consolidated sales of $38,890,400 over the last five years and an average income per year of $1,505,621.
Walsh's two domestic subsidiaries are Gustavson Associates, LLC, a mining, oil, and gas consulting company in Boulder, Colorado, and Lowham-Walsh Engineering & Environmental Services, LLC, a water resources firm in Lander, Wyoming.
The two foreign subsidiaries are Walsh Peru and Servicios Ambientales Walsh S.A. (Walsh Ecuador); both firms are well positioned and staffed to provide the full range of environmental services to local markets as well as multi-national developers.
Headquartered in Lancaster, N.Y., E & E has completed more than 50,000 projects in 122 countries for a wide variety of clients, including some of the most iconic, high-profile projects in the world. Since 1970, E & E has provided environmental solutions in nearly every ecosystem on the planet. E & E is listed on the NASDAQ under the symbol EEI and the information contained in this press release is available on the Company's website at www.ene.com.
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