# Wood Group completes takeover of Amec Foster Wheeler

Wood Group completed its £2.2 billion ($2.7 billion) takeover of Amec Foster Wheeler, creating one of the world's largest engineering groups. Amec Foster Wheeler sold its UK North Sea operations to WorleyParsons for £228 million as part of the deal.

- Type: Acquisition
- Announced: 2017-10-12
- Where: Aberdeen, Scotland; London, England, United Kingdom
- Value: $2.70B
- Status: completed
- Products: engineering services, construction services, operation and maintenance services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Wood Group](https://endata.com/companies/386.md) (acquirer)
- [Amec Foster Wheeler](https://endata.com/companies/1093.md) (target)
- [WorleyParsons](https://endata.com/companies/4074.md) (acquirer)

## Sources

- [industrialinfo.com](https://www.industrialinfo.com/news/article/wood-group-completes-takeover-of-amec-foster-wheeler--260420), 2017-10-11: "We become a business of significant scale and enhanced capability delivering services across a broader range of geographies and sectors."

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