WorleyParsons completes the acquisition of the Ludwigshafen and Schwarzheide offices of the M+W Group in Germany.
WorleyParsons completes its acquisition of the Ludwigshafen and Schwarzheide offices of the M+W Group in Germany. M+W Group provides engineering services to chemical companies including feasibility studies and concept development, engineering, and project and construction management.
WorleyParsons’ current operations in Ludwigshafen and the newly acquired offices will be combined into a single business. Approximately 50 staff are employed in the acquired offices. The acquisition will be funded using existing monies.
“The acquisition of the chemicals business represents another step in WorleyParsons’ strategic growth objective of establishing a strong presence in the European chemicals sector,” says Andrew Wood, chief executive officer of WorleyParsons.
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