Wood Group has completed its acquisition of Amec Foster Wheeler. “This transformational acquisition creates a global leader in the delivery of project, engineering and technical services to energy and industrial markets,” said Robin Watson, CEO of Wood Group. “We become a business of significant scale and enhanced capability delivering services across a broader range of geographies and sectors, differentiated by the quality of our people, enabling technology and know-how.
“Our integration planning is well-progressed and we have ensured that appropriate risk management and control processes are in place from day 1,” Watson continued. “We have a clear organizational structure, my executive leadership team and their direct reports have been announced and we are now focusing on implementing a best of both approach for the wider organization.”
Wood Group now operates in more than 60 countries, employing around 55,000 people, with revenues of more than $11 billion.