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John Wood Group PLC agreed to sell its 50% interest in RWG (Repair & Overhauls) Limited to Siemens Energy Global GmbH & Co. KG for $135 million cash. RWG provides repair and overhaul services for industrial aero-derivative gas turbines. The transaction is expected to close in late 2025 or early 2026.
“The sale of RWG to our joint venture partner, Siemens Energy Global, is a significant milestone.”woodgroup.com
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