Sector News

Wood Group acquires Aberdeen fabrication, manufacturing business

June 17, 2016
News

Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen-based fabrication and manufacturing business.

In May, EESL confirmed it had appointed administrators.

“The acquisition further enhances Wood Groups asset integrity management capabilities, adding fabrication to its services, which focus on driving efficiencies and extending the life of upstream and midstream assets in the UK oil and gas sector,” Wood said.

“The employees of EESLs Aberdeen based fabrication business as at the date of the acquisition will transfer to Wood Group and will remain at their existing 4,000m sq fabrication facility located on Craigshaw Road, Aberdeen.”

Source: StockMarketWire.com

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