One-Page Deal Sheet
Wood Group Acquires Midstream Service Co
Wood Group Sunstone Projects Ltd
Announced Date
April 01,2014
Transaction Type
Corporate
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Wood Group has acquired Sunstone Projects Ltd. of Calgary, Alberta, Canada for C$14.5 million.
Sunstone is a pipeline consulting company providing engineering, procurement and construction management (EPCM) services to clients in the Canadian oil & gas industry. Sunstone generated sales of approximately C$21 million in 2013 and employs approximately 70 people.
Sunstone will be rebranded as Wood Group Mustang and operate within its Canadian operations. Sunstone will continue to be led by the existing management team under Sunstone President Barry Bauhuis.
Steve Knowles, president of Wood Group…
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| May-24-2021 |
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