August 20, 2007 — 3E Company®, the leading provider of environmental health and safety (EH&S) compliance and information management services, today announced that it has acquired MSDS Solutions, one of the industry’s premiere providers of MSDS and EH&S management products and services. The acquisition further strengthens 3E Company’s leadership role in the MSDS management market, while providing additional opportunities for market expansion and globalization.
MSDS Solutions brings a powerful combination of leading-edge technology and a highly successful, subscription-based ASP (Application Service Provider) business model to the acquisition. With one of the leading MSDS document management operations in the industry, MSDS Solutions offers 3E Company a robust set of innovative technology, efficient tools and processes, and a highly qualified workforce. The combined company will boast a vast range of products and services, including a comprehensive global MSDS management solution, to meet the MSDS and chemical management needs of companies of all sizes and industries. MSDS Solutions’ multilingual technology and workforce will help 3E Company further expand its global presence. The continued globalization of 3E Company’s products and services will enable customers worldwide to optimize their regulatory compliance practices, reduce operational costs, increase efficiencies and better manage and mitigate corporate risk.
3E Company and MSDS Solutions are both well known for their innovative and powerful MSDS management solutions. Each company developed complementary strengths by addressing different tiers and segments of the market; over time, each company has achieved leadership positions in the EH&S regulatory and compliance management industry. The combined company will now merge their respective strengths and MSDS databases to create a complete, end-to-end cross-industry MSDS management solution for companies of all sizes and industries.
3E Company also plans to build on MSDS Solutions’ industry-renowned Web portal, www.msds.com, which serves as one of the largest MSDS databases in the world with more than 3.5 million MSDSs. In addition to the vast subscriber base found on www.msds.com, MSDS Solutions also has a rich and diverse customer base for its MSDS management services.
“MSDS Solutions is a successful and well-managed company with a singular focus on providing ASP vendor MSDS management solutions to the global market. By combining our offerings into a ‘best of the best’ suite of basic to sophisticated enterprise MSDS management solutions, we have further secured our leadership position as the provider of choice for MSDS management,” said Robert S. Christie, CEO and president, 3E Company. “This acquisition, especially following closely on the heels of our recent acquisition of HSE Systems in June, also demonstrates 3E Company’s commitment to efficiently executing our M&A growth strategy.”
“3E Company and MSDS Solutions share a common mission,” said Christian Letourneau, general manager, MSDS Solutions. “Both companies strive to deliver innovative MSDS and chemical management solutions while exceeding customer expectations. This acquisition will bolster our globalization efforts and support our common goal of making it easier and more efficient for global companies to manage their regulatory compliance obligations across languages and countries.”
Financial terms of the transaction were not disclosed. MSDS Solutions will continue to operate from its facilities in Montreal, QC, Canada as 3E Company Canada.
About 3E Company
Founded in 1988, 3E Company is the first company to provide a comprehensive suite of chemical, regulatory and compliance information services that addresses the entire lifecycle of a chemical, covering global regulatory data; MSDS authoring, distribution and management; transportation; emergency response; training; regulatory reporting; and waste management. 3E's products and services are delivered via four key platforms: 3E Online, which enables Web-based access to services and solutions; 3E OnCall, which boasts a 24-7-365 call center; 3E OnTime, which simplifies event driven projects; and 3E OnData, which facilitates data integration at client sites. 3E has the industry leading combination of a 24-7-365 HazMat Mission Control Center, and an online platform for HazMat compliance information management, all built on a foundation of the world's premier hazardous substance database of global regulatory and compliance information. More than 7,000 customers have partnered with 3E, including Costco Wholesale Corporation, America West, Eastman Chemical, Temple-Inland, Menasha and PacifiCorp. 3E is the recipient of the 2002, 2003, 2005 and 2006 Commitment to Worker Safety Awards in Online and MSDS Services from Compliance Magazine, which also recognized 3E Online-MSDS in 2005 with an Award of Excellence for its Best of the Web Awards. The Company also received a 2006 Business Achievement Award from Environmental Business Journal. The privately held company is headquartered in Carlsbad, CA with additional operations in Bethesda, MD, Kingsport, TN, Massillon, OH and Copenhagen, Denmark. For more information on 3E Company, visit www.3ecompany.com, send e-mail to info@3ecompany.com or call 800-360-3220, 760-602-8700 or, in Europe, +45 70 22 81 70.
About MSDS Solutions
For the past 16 years, MSDS Solutions has provided a wide array of document management / indexation services for MSDSs and powerful chemical management services for companies of every size across the globe. The company has 75 employees and is headquartered in Montreal, QC, Canada. For more information on MSDS Solutions, please visit www.msds.com, or call 888-ALL-MSDS.
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