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Wood Group sells industrial services business to Kaefer

| By Mary Bailey

The Kaefer Group (Bremen, Germany; www.kaefer.com) has acquired Wood’s industrial ser­vices business from John Wood Group PLC (www.woodplc.com) 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 U.K. 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 in the U.K. 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.