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29.08.25 - 15:06
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Qualus to Acquire Wood′s North American Transmission and Distribution Engineering Business (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Qualus Corporation (“Qualus”), a leading pure-play power solutions firm and innovator at the forefront of power infrastructure transformation, announced it has entered into a definitive agreement to acquire the North American Transmission and Distribution engineering business (“T&D Engineering”) of John Wood Group plc (“Wood”), which provides comprehensive power engineering services in the areas of substations, transmission, distribution and renewable generation across Canada and the U.S. The acquisition expands Qualus' presence and client base in Canada and adds highly complementary resources in both Canada and the U.S. to address the strong demand for power engineering services.
“This acquisition is consistent with our strategy to expand our geographic footprint and resources in Canada, enabling us to offer our comprehensive end-to-end solutions to an expanded client base,” said Greg Herasymuik, President and CEO of Qualus. “We are looking forward to we...
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26.08.25 - 10:54
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UK oil firm Wood Group could leave London listing as it moves closer to takeover (The Guardian)
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FTSE 250 company, which employs 35,000 people, further extends deadline for Sidara to make firm takeover offerBusiness live – latest updatesWood Group has come a step closer to becoming the latest company to leave the London Stock Exchange, after the board of the British oil services company said it was minded to accept a reduced takeover offer from a Dubai-based suitor.Sidara, the Middle Eastern engineering company Dar Al-Handasah Consultants Shair and Partner Holdings, initially proposed a 35p a share offer in April. Continue reading......
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