NUS Consulting Group co-president Richard Soultanian said the acquisition of Viking Energy Management will help broaden its existing service offerings.

NUS Consulting Group provides businesses services, tools, information and support to meet energy management challenges.

US bases Viking Energy Management works side-by-side with businesses to develop comprehensive commodity risk strategies and deliver specialized procurement solutions to reduce costs, mitigate risks, and improve financial performance.

Viking Energy Management co-founder and managing director Bryant Lee said this transaction recognizes Viking’s unique strengths in the area of energy trading and risk management.

"We will be able to provide our energy trading and risk management support to NUS and Viking clients across the globe," Lee said.

NUS Consulting Group is a provider of energy management solutions to businesses and energy intensive organizations.