KAEFER acquires Wood’s industrial services business in the UK and Ireland
We are very proud to announce that the KAEFER Group has acquired Wood’s industrial services business from John Wood Group PLC in the UK and Ireland.
The business is becoming a wholly owned subsidiary of the KAEFER Group. It is planned to merge KAEFER Ltd and Wood’s industrial services business into one company that will operate as KAEFER all over the UK and Ireland. With our joint expertise in the industrial market, we will be able to provide clients with additional capacities, know-how and project management capabilities.
Wood’s industrial services business employs approximately 2,000 highly skilled people at 16 locations all over the UK and Ireland. The company provides high-end services for industrial operations, such as the application of protective coatings, access solutions, thermal insulation, passive fire protection and specialist services, which fits perfectly with KAEFER’s core business.
“Our clients will continue to receive the same high-quality service they have come to expect plus the extra value offered by both companies working together” says Steen E. Hansen, Co-CEO at KAEFER. “Wood’s industrial services business and KAEFER work in different, yet related industries, which is why they complement one another so well. These combined capabilities will support our clients’ success and increase our competitive strength. We are certain that this is an excellent step towards reaching the goals established in our strategic programme.” adds Hansen.
KAEFER in the UK serves a vast and growing range of industries with asset integrity services, including access solutions, insulation, inspection & testing, protective coatings, asbestos management and more. The company currently has 12 office locations across the UK, employing approximately 1,200 highly skilled and experienced people.