WGPEWilliams Grand Prix Engineering (UK)
WGPEWorking Group on Phytoplankton Ecology (oceanography)
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The deal would see WGPE shareholders controlling 29.7% in the combined business, the buyer said in a statement.
WGPE, an operating partner of THAL, had revenues of some USD7.3m (EUR5.4m) in the 12 months to 31 October 2011.
Williams Grand Prix Engineering (WGPE), formed in 1973, was a relatively new, low budget operation.