logo

SGS Acquires H2Safety to Optimize Emergency Management and Operational Safety for North American Industrial Sectors

Cision Canada2 days ago

CALGARY, AB, June 4, 2025 /CNW/ - SGS, the world's leading testing, inspection and certification company announces the acquisition of H 2 Safety Services Inc. (H 2 Safety), a North American market leader in emergency response management, Health Safety and Environment (HSE), training and emergency software services. Founded in 2004, H 2 Safety serves a wide range of industrial sectors including oil and gas, mining, transportation, utilities, renewables and government. With a unique focus on public consultation and regulatory compliance, H 2 Safety also excels in Indigenous relations and government relations. "Our approach to safeguarding critical infrastructure, communities, employees and natural environments is rooted in building authentic relationships and addressing community concerns transparently," said James Harasen, CEO and Chairman of H 2 Safety. "We are excited about joining SGS to expand our emergency management footprint while also leveraging SGS's proven expertise in delivering comprehensive HSE solutions across various industries."
H 2 Safety's H2CommandCentre® platform is a robust emergency management application that empowers organizations with rapid and holistic incident management response capabilities. It activates emergency response teams including GIS and ICS experts, delivers rapid notifications, offers real-time check-ins, uses real-time maps to identify hazard zones while also generating lists of critical residents and stakeholders. With over 15,000 users, the platform is supporting organizations with achieving their operational safety objectives and business continuity, while also protecting people and the environment.
"Operational integrity is at the core of SGS's corporate culture, since our customers entrust us with their quality assurance and operational fluidity needs in a wide range of industrial environments. Whether it's delivering inspections to monitor the integrity of oil pipelines or deterring wildlife from landing in hazardous substances, HSE is at the core of what we do. We also have a strong HSE record within our own operations, so we really walk the talk when it comes to protecting assets, employees and the environment," said Patrick Beck, Head of Industrial Services at SGS in North America.
H 2 Safety contributes to achieving SGS's Strategy 27, which includes responding to megatrends driving growth in the TIC industry. One of these megatrends is innovation in digital capabilities and new technologies. Organizations in the industrial sector are investing more in digital transformation solutions to remain competitive and to increase market share. An end-to-end emergency management platform serves as a powerful digital tool to strengthen digital transformation when it comes to operational safety and compliance. Another megatrend driving growth in the TIC industry is ESG regulation and societal expectations. Optimizing HSE and emergency management, with a focus on Indigenous and community relations, positively contributes to achieving corporate environmental and social development objectives. With this acquisition, SGS is also building towards achieving the company's objective of doubling North American sales between 2023 to 2027.
For media inquiries, please contact:
ABOUT SGS
SGS is the world's leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.
Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.
SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HOTELEX 2025 Successfully Concludes: International Attendance Surpasses 10,000, Hosted Buyer Program Sets a New Industry Benchmark!
HOTELEX 2025 Successfully Concludes: International Attendance Surpasses 10,000, Hosted Buyer Program Sets a New Industry Benchmark!

Cision Canada

time3 hours ago

  • Cision Canada

HOTELEX 2025 Successfully Concludes: International Attendance Surpasses 10,000, Hosted Buyer Program Sets a New Industry Benchmark!

SHANGHAI, June 6, 2025 /CNW/ -- HOTELEX 2025 concluded on April 2 at the National Exhibition and Convention Center (Shanghai), covering 400,000 square meters and attracting 284,581 visitors. International attendance reached 12,447, a 34.2% increase from last year, marking HOTELEX's growing role as a key global hub for the hospitality and catering industry. A standout highlight this year was the success of the HOTELEX 2025 Hosted Buyer Program, which brought over 200 high-profile buyers from Malaysia, South Korea, Kazakhstan, Hong Kong (China), Brazil, and the United Kingdom to the show floor. Representing key sectors such as luxury hotel groups, branded F&B chains, import distributors, and regional procurement agencies, these buyers engaged in in-depth business discussions with top-tier exhibitors. With tailored matchmaking, curated meeting schedules, and dedicated services, the program enabled efficient, high-quality interactions and facilitated tangible international sourcing opportunities. Its success further strengthened HOTELEX's position as a premier global platform for hospitality and foodservice trade. Looking ahead to HOTELEX 2026 which will be held on 30 th March - 2 nd April at National Exhibition and Convention Center (Shanghai), the industry awaits new innovations, expanded collaborations, and broader global participation. Stay tuned for more—and we look forward to welcoming you next year.

SolarBank Renews At-The-Market Equity Program
SolarBank Renews At-The-Market Equity Program

Cision Canada

time5 hours ago

  • Cision Canada

SolarBank Renews At-The-Market Equity Program

TORONTO, June 5, 2025 /CNW/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) (" SolarBank" or the " Company") announces that following the filing of its new short form base shelf prospectus, it is proceeding with a renewal of its at-the-market equity program (the " ATM Program"). The Company is required to renew the ATM Program due to the expiry of the Company's 2023 short form base shelf prospectus. The Company has entered into an equity distribution agreement (the " Distribution ‎Agreement") with H.C. Wainwright & Co., LLC (" Wainwrigh t"), Research Capital Corporation (" RCC"), Research Capital USA Inc. (together with Wainwright and RCC, the " Agents") to renew the ATM Program. There can be no assurance that the Company will issue and sell any common shares under the ATM Program. The timing of any sales and the number of shares sold, if any, will depend on a variety of factors to be determined by the Company. Under the Distribution Agreement, the Company may issue common shares of the Company having an aggregate offering price of up to US$15,000,000 (the " Offered Shares") under ‎the ATM Program. The Offered Shares will be issued by the Company to the public from time to time, ‎through the Agents, at the Company's discretion. The Offered Shares sold under the ATM Program, if ‎any, will be sold at the prevailing market price at the time of sale. Since the Offered Shares will be distributed at trading prices prevailing at the time of the sale, prices may vary between purchasers and during the period of distribution. The Company intends to use the net proceeds from sales of Offered Shares under the ATM Program, if any, to advance the Company's business objectives and for general corporate purposes, including, without limitation, funding ongoing operations or working capital requirements, repaying indebtedness outstanding from time to time, discretionary capital programs and potential future acquisitions. Sales of Offered Shares, if any, will be made through the Agents in transactions that are deemed to be "at-the-‎market distributions" as defined in National Instrument 44-102 – Shelf Distributions and an "at-the-market offering" as defined in Rule 415(a)(4) under the United States Securities Act of 1933, as amended, on the Cboe Canada Inc. (" Cboe") and the Nasdaq Stock Market, or any other applicable "marketplace" for the common shares in Canada. The Company is not obligated to make any sales of Offered Shares under the ‎ Distribution Agreement. The Company will pay the Agents a commission of up to 3.0% of the gross offering proceeds from each ‎sale of Offered Shares and has agreed to provide the Agents with customary indemnification and ‎contribution rights. The Company will also reimburse the Agents for certain specified expenses in ‎connection with the entering into and performance of the Distribution Agreement. ‎ The ATM Program is being made in Canada pursuant to a prospectus supplement dated June 5, 2025 (the " Prospectus Supplement") to the Company's final short form base shelf prospectus dated May 7, 2025‎ (the " Base Prospectus"), and in the United States pursuant to a prospectus supplement dated June 5, 2025 (the " U.S. Prospectus Supplement") to the Company's final base shelf prospectus contained in the Company's effective registration statement on Form F-10 (File No. 333-287070) (the " Registration Statement") filed with the United States Securities and Exchange Commission (the " SEC"). Prospective investors should read the Base Prospectus, the Prospectus Supplement and other ‎documents the Company has filed with the SEC (some of which are incorporated by reference into ‎the Base Prospectus and the Prospectus Supplement) for more complete information about the ‎Company and the ATM Program, including the risks associated with investing in the Company. ‎ Copies of the Prospectus Supplement, Base Prospectus and Distribution Agreement are available under the Company's profile on SEDAR+ at and copies of the U.S. Prospectus Supplement and the Registration Statement are available on the SEC's website at Alternatively, the Agents will send copies of the relevant documents to investors upon request by contacting RCC by mail at Research Capital Corporation, 1075 West Georgia Street, Suite 1920, Vancouver, British Columbia V6E 3C9, by email at [email protected] or by telephone at (778) 373-4088. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor ‎will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be ‎unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. ABOUT SOLARBANK CORPORATION SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about SolarBank, please visit FORWARD-LOOKING STATEMENTS This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. In particular and without limitation, this news release contains forward-looking statements including statements with respect to the Offered Shares sold under the ATM ‎Program; the use of proceeds from ‎any such sale of Offered Shares; the use by the Company of the ATM Program; future development, ‎production, cash flow and other anticipated or possible future developments of the Company's business‎ as well as those listed under "Caution Regarding Forward-Looking Statements" and "Risk Factors" in the Base Prospectus, and other public filings of the Company. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company's ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company's ability to attract and retain skilled staff; market competition; the products and services offered by the Company's competitors; that the Company's current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under "Forward- Looking Statements" and "Risk Factors" in the Company's most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company's growth strategy depends upon the continued availability of third-party financing arrangements; the Company's future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company's project development and construction activities may not be successful; developing and operating solar projects exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements ("PPAs") and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company's effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company's results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company's insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store