You may automatically receive John Wood Group PLC financial information by e-mail. MACTEC employs about 2,600 employees at 70 offices, which are primarily located in the eastern […] Amec, the FTSE 100 engineering services specialist, has made a significant dent in its cash pile with the $280m acquisition of US project management company Mactec. Amec Foster Wheeler plc was a British multinational consultancy, engineering and project management company headquartered in London, United Kingdom.In October 2017, it was acquired by Wood Group.. AMEC plc (AMEC.L) said it has completed the acquisition of MACTEC. ALPHARETTA, Ga. -- AMEC, the international engineering and project management company, announces today that it has agreed to buy MACTEC, a leading engineering and environmental services company, for a cash consideration of $280 million. It was focused on the Oil, Gas & Chemicals, Mining, Power & Process and Environment & Infrastructure markets, with offices in over 55 countries worldwide. AMEC acquires leading US engineering and environmental services company MACTEC. The company's line of business includes providing business consulting services on a contract or fee basis. MACTEC was among the largest engineering design companies in the United States. In North America, E&E has a strong presence in the Western U.S. and in Canada, so the combination allows AMEC greater access to new clients and regions and MACTEC a better international platform for growth. AMEC noted that a small MACTEC subsidiary, MACTEC Development Corp. ILO delivers global analysis to lawyers worldwide via email on a free subscription basis. Wood has been present in the Caspian region for over 20 years. Engineering group Amec (LON:AMEC) has moved to bolster its Earth & Environmental division by agreeing a deal to acquire US engineering and environmental services company MACTEC for US$280 million. AMEC completes acquisition of leading US engineering and environmental services company MACTEC. Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors. London-based AMEC spent $280 million for MACTEC, which provides engineering, environmental and construction services to public and private clients. Amec, the UK-based engineering and project management company, has agreed to buy the US engineering and environmental services company Mactec for $280 million. AMEC and MACTEC combine to create a powerful environmental and infrastructure engineering services business of over 7,000 people May 18, 2011 AMEC, the international engineering and project management company, announces today that it has agreed to buy MACTEC, a leading engineering and environmental services company, for a cash consideration of US$280 million. 18 May 2011. ATLANTA, GA, May 18 /PRNewswire/ - AMEC, the international engineering and project management company, announces today that it has agreed to buy MACTEC, a leading engineering and environmental services company, for a cash consideration of US$280 million. Completion is subject to regulatory approval and is … AMEC plc ( London , U.K. ) announced on May 18 that it has reached an agreement with U.S. environmental and engineering firm MACTEC ( Alpharetta , GA ) under which AMEC will acquire MACTEC for $280 million in cash. AMEC plc said it has completed the acquisition of MACTEC.As previously announced, the cash consideration was $280 million. Our combined business significantly enhances our competitive position in the U.S. market and is in line with our strategy of global geographic expansion.”, Ann Massey, president and CEO of MACTEC said: “We are very excited to add MACTEC’s technical capability, resources, and customer base to AMEC’s successful business. Nautic Partners, LLC, and Pamlico Capital today announced that they have sold their portfolio company MACTEC, Inc. (MACTEC) to AMEC plc (LSE: AMEC) for a purchase price of $280 million. Global Giant AMEC To Acquire Engineer MACTEC AMEC Set to Acquire Foster Wheeler in $3.2-Billion Deal Holland's Arcadis Set To Buy U.K. 19 May 11 Amec has agreed to buy US engineering and environmental services company Mactec for US$280m (£172.8m). Based on … The merger will create a combined E&E business to be headquartered in Alpharetta, Ga. ", Ann Massey, President and Chief Executive Officer of MACTEC said: "We are very excited to add MACTEC's technical capability, resources, and customer base to AMEC's successful business. Headquartered in Alpharetta, Georgia, MACTEC has some 2,600 employees, mostly technical professionals, and 70 offices, the majority in the Eastern United States. AMEC, the international engineering and project management company, has agreed to buy MACTEC, a leading engineering and environmental services company, for US$280 million. The close alignment between our companies’ cultures, services and expertise will provide immediate value to our clients and foster future growth.”. It will have more than 7,000 employees around the globe and bring AMEC's total North American workforce to almost 14,000. This follows the completion of the MACTEC acquisition, which adds 2,600 people and 70 offices to E&I’s U.S. presence. E&E’s 170-strong branch network is heavily focused in North America, with a particularly strong presence in the Western US and in Canada. Amec stockholders will receive 0.75 new Wood Group shares for each Amec share they hold, Aberdeen, Scotland-based Wood Group said Monday. Inclusive of prior distributions, the transaction will yield a return for Nautic and Pamlico of 2.7x their investments. AMEC, the international engineering and project management company, announces today that it has completed the acquisition of MACTEC, a leading US engineering and environmental services company. 3 June 2011. As previously announced, the cash consideration was $280 million. AMEC, the international engineering and project management company, announced recently that it has agreed to buy MACTEC, an engineering and environmental services company, for a cash consideration of US$280 million. Engineering group Amec (LON:AMEC) has moved to bolster its Earth & Environmental division by agreeing a deal to acquire US engineering and environmental services company MACTEC for US$280 million. Civil+Structural Engineer Media Now Accepting Entries for 2021 Engineering Drone Video of the Year... guide by Geometricbox for contacting WordPress support. Inclusive of prior distributions, the transaction will yield a return for Nautic and Pamlico of 2.7x their investments. Headquartered in Alpharetta, Ga., MACTEC has some 2,600 employees, mostly highly skilled technical professionals, and 70 offices, the majority of which are in the Eastern U.S. ATLANTA, GA. — AMEC, the international engineering and project management company, agreed to buy MACTEC, an engineering and environmental services company, for … AMEC acquires MACTEC Posted: Monday 13 th June 2011 AMEC, the international engineering and project management company, has agreed to buy MACTEC, a leading US engineering and environmental services company, from its private equity and other individual shareholders for … • AMEC to acquire MACTEC for $280 million. 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amec acquires mactec

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