WorleyParsons acquires M+W Group offices
Published by Anna Nicklin,
Assistant Editor
Hydrocarbon Engineering,
WorleyParsons has announced the completion of the strategic acquisition of M+W Group’s Ludwigshafen and Schwarzheide offices in Germany. The acquired business provides engineering services, supporting the world scale facilities of the chemical companies in the Ludwigshafen and Schwarzheide areas. These services include feasibility studies and concept development, engineering, project and construction management.
WorleyParsons’ current operations in Ludwigshafen and the newly acquired offices will be combined into a single business. Approximately 50 staff are employed in the acquired offices. The acquisition will be funded using existing funds.
“The acquisition of the chemicals business represents another step in WorleyParsons’ strategic growth objective of establishing a strong presence in the European chemicals sector” said Andrew Wood, CEO of WorleyParsons.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/09042018/worleyparsons-acquires-mw-group-offices/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
LBC Rotterdam completes construction of 36 storage tanks
LBC Rotterdam have announced the completion and the arrival of all 36 new storage tanks.
