ThyssenKrupp strengthens engineering capabilities with acquisition of Energy & Power Global Limited
ThyssenKrupp
Uhde has acquired the UK company Energy & Power Global Limited headquartered
in London effective July 2, 2012. Energy & Power is an engineering
consultancy with clients worldwide in the oil, gas and energy industries. The
acquisition strengthens ThyssenKrupp's chemical engineering capabilities in the
global oil and gas business: Energy & Power provides engineering services to
support project development, from screening to sanction to delivery, and will be
an important addition to ThyssenKrupp's global network of companies serving the
chemical process industries.
The acquisition is part of the strategic
development program adopted by ThyssenKrupp AG in May 2011 and is a further step
in the systematic expansion of the Group's technology business: "The acquisition
of Energy & Power further expands our portfolio in the acquisition and
delivery of engineering projects for the industry and enables us to provide our
customers with even greater advantages in the marketplace," says Dr. Niclas
Müller, CEO of the Plant Technology business area of ThyssenKrupp AG.
The
Plant Technology business area is focused on specialized and large-scale plant
construction. With over 13,000 employees and sales of 4 billion euros in fiscal
year 2010/2011 it offers its customers first-class processes and guarantees
maximum productivity and profitability for the operators of industrial plants.
Plant Technology is a global player in specialized and large-scale plant
engineering. Subsidiaries and international partnerships offer its customers
complete engineering know-how - globally and locally.
No comments:
Post a Comment