# Wood sells 50% stake in RWG to Siemens Energy Global for $135M

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.

- Type: Acquisition
- Announced: 2025-07-25
- Where: United Kingdom
- Value: $135.0M
- Status: announced
- Products: repair and overhaul services for industrial aero-derivative gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [John Wood Group](https://endata.com/companies/1092.md)
- [RWG](https://endata.com/companies/3486.md) (target)
- [RWG (Repair & Overhauls Ltd)](https://endata.com/companies/34337.md) (target)
- [Siemens Energy Global GmbH & Co. KG](https://endata.com/companies/83203.md) (acquirer)
- [Siemens Energy Global](https://endata.com/companies/86917.md) (acquirer)

## Sources

- [woodgroup.com](https://www.woodgroup.com/news/latest-press-releases/2025/sale-of-joint-venture-interest-in-rwg-to-siemens-energy-global), 2025-07-25: "The sale of RWG to our joint venture partner, Siemens Energy Global, is a significant milestone."
- [akm.ru](https://www.akm.ru/eng/news/british-john-wood-sells-50-in-rwg-joint-venture-to-german-siemens-energy/), 2025-08-28: "The deal is aimed at optimizing John Wood's assets and reducing debt obligations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.