[14] The European engineering business, AMEC SPIE, was sold to PAI Partners for €1,040 million in 2006[15][16][17][18] and the European rail business joint venture Amec Spie Rail systems was sold for an estimated £200million in 2007, to Colas Group. [27] GRD Ltd. was a Perth-based company incorporating three companies Global Renewables, GRD Minproc, and Kirfield. U, You’re viewing 5 of 80 competitors. Amec Foster Wheeler shares were publicly traded on the London Stock Exchange and its American Depositary Shares were traded on the New York Stock Exchange. [9], Acquisitions in the new millennium included Ogden Environmental & Energy Services[10] and AGRA Monenco Inc., a North American engineering and services company, both in 2000[11] as well as the U.S. operations and equipment of Lauren Kamtech in 2003. AMEC FOSTER WHEELER ENERGIA SLU has 185 employees at this location and generates 58.739434 million in sales (USD). PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Provider of engineering, project management and consultancy services. Wood Group shares also responded positively, gaining 3 percent to 7.75 pounds. Get the full list », You’re viewing 5 of 46 investments and acquisitions. [40] In October 2017, the transaction was completed. On 13 November 2014 Foster Wheeler merged with Amec plc to form Amec Foster Wheeler. The Global E&C Group designed, engineered and constructed leading-edge processing facilities and related infrastructure for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals & petrochemicals, pharmaceuticals, biotechnology & healthcare, environmental and power industries.

Get the full list », You’re viewing 5 of 32 executive team members. [37] The resultant financial difficulties led to the company's chief executive Samir Brikho stepping down in January 2016. [4] Amec launched the AMEC SPIE brand for engineering services in Europe,[5] a rail construction business AMEC Spie Rail was created, and the remaining construction business was retained as Spie Batignolles.

[28] AMEC also acquired Australian-based businesses Currie and Brown (Australia)[29] and BurmanGriffiths and acquired a majority stake in S2V Consulting. [1][41], Amec Foster Wheeler employed over 40,000 people in more than 55 countries, including Afghanistan, Australia, Azerbaijan, Brazil, Canada, Chile, China, India, Kuwait, Qatar, Peru, Poland, Turkey and the United States.

[30], In 2011, the company acquired US-based BCI Engineers & Scientists, Inc.,[31] MACTEC, a US-based engineering consultancy company,[32] and Zektin Group, an Australian-based specialist engineering consultancy for the oil and gas and resources industries. © 2020 PitchBook Data. [9], Foster Wheeler was acquired by AMEC plc in the second half of 2014 to form Amec Foster Wheeler. [12] Then in 2004, AMEC was awarded a contract to assist in the reconstruction effort in Iraq, as part of a joint venture with Fluor Corp.[13], In 2005, AMEC acquired UK-based NNC, a large nuclear consulting company and its subsidiaries, including Ontario-based Nuclear Safety Solutions ('NSS'), the nuclear safety division of OPG, which was spun off when OPG was privatised. [43], AMEC's UK construction business was sold in 2007. The Global Power Group built, owned and operated cogeneration, independent power production, and waste-to-energy facilities as well as facilities for the process industries, providing electricity, steam, and feed stocks to industries and local grids. [10] The acquisition coincided with a downturn in the price of crude oil which depressed the market for services to the energy industry and left the merged company with substantial debt. Amec launched the AMEC SPIE brand for engineering services in Europe, a rail construction business AMEC Spie Rail was created, and the remaining construction business was retained as Spie Batignolles… AMEC was formed from the 1982 amalgamation of Leonard Fairclough & Son (founded 1883) and the William Press Group (founded 1913). PitchBook is a financial technology company that provides data on the capital markets.

All rights reserved. [33], In January 2014, AMEC provisionally agreed a £1.9bn takeover of Swiss rival Foster Wheeler. [44][45] Amongst its notable projects were: the Kielder Dam completed in 1982,[46] the Cumberland Infirmary completed in 2001,[47] the M6 Toll completed in 2003,[48] new offices for HM Revenue and Customs at Longbenton completed in 2005,[49] the Docklands Light Railway City Airport extension completed in 2005,[50] the University College London Hospital completed in 2005[51] and the New York Times Building completed in 2007. The company had three geographic business units covering engineering and project delivery operations—Americas; Northern Europe & Commonwealth of Independent States; Asia, Middle East, Africa & Southern Europe—and one power equipment business unit operating worldwide - The Global Power Group. [7][8], The company was listed on the New York Stock Exchange in 1929. [3] In 1996, AMEC took a 40% stake in Spie Batignolles from Schneider in association with a management buyout. Personalize which data points you want to see and create visualizations instantly. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. There are 36 companies in the AMEC FOSTER WHEELER ENERGIA SLU corporate family. Get the full list », You’re viewing 4 of 8 board members. AMEC was formed from the 1982 amalgamation of Leonard Fairclough & Son (founded 1883) and the William Press Group (founded 1913). For other uses, see, "Wood Group completes acquisition of Amec Foster Wheeler", "Wood Group completes Amec Foster Wheeler acquisition, launches new brand, plans office closures", Notes on Financial Times Actuaries Index 1988, "Amec firmly in Europe with pounds 40m Spie buy", "AMEC SPIE Brand Launched Across Continental Europe", "International Directory of Company Histories", "Amec in talks over Spie Batignolles sale", "Exercise of Option To Acquire Outstanding Shares in Spie And Trading Update", "AMEC acquires Lauren Kamtech's U.S. operations to enhance project delivery in North America", "Amec deal saves Government blushes in Iraq", "Amec sells off Spie and considers splitting remaining group", "AGM TRADING STATEMENT Proposed sale of AMEC SPIE and overall trading on track", "Amec sells half of specialist rail arm to French company", "Morgan Sindall buys Amec's ailing construction business", "Speedy Hire buys Amec equipment hire arm", AMEC acquires leading project services company Rider Hunt International, "AMEC Purchases Majority Shareholding in S2V Consulting", "BCI Engineers and Scientists acquired by AMEC", "AMEC Closes MACTEC Acquisition - Quick Facts", "AMEC Buys Australian Engineering Firm Zektin Group For US$48.4MM", "Amec offers £1.9bn to buy Swiss rival Foster Wheeler", "Energy engineering giants merge, will base Americas unit in Houston", "Houston energy engineering firm changes focus to cope with oil slump", "Wood Group offer comes just in time for Amec Foster Wheeler", "Amec Foster Wheeler chief Samir Brikho exits as board loses faith", "Wood Group agrees takeover of rival Amec Foster Wheeler", "Amec bought by firm 'it once looked at buying, "Docklands Light Railway – London City Airport extension now open", University College London Hospital wins award, "New York Times Project added to National OSHA Partnership with AMEC Americas", "Amec Foster Wheeler Partnership with SOS Children", https://en.wikipedia.org/w/index.php?title=Amec_Foster_Wheeler&oldid=982316305, 2014 establishments in the United Kingdom, Companies formerly listed on the London Stock Exchange, Companies formerly listed on the New York Stock Exchange, Creative Commons Attribution-ShareAlike License, 2014 by merger of AMEC plc and Foster Wheeler AG, This page was last edited on 7 October 2020, at 12:07. Get the full list », Group President, Strategy & Business Development, Senior Independent Director, Chairman of the remuneration committee and a member of the audit and he. Roughly a third of its turnover came from Europe, half from North America and 12% from the rest of the world. In 1988, AMEC went on to acquire Matthew Hall Group. It comprised two business groups: a Global Engineering and Construction (E&C) Group and a Global Power Group. Foster Wheeler AG (formerly Foster Wheeler Inc.) was a Swiss global engineering conglomerate with its principal executive offices in Reading, UK[1] and its registered office in Baar, Canton of Zug, Switzerland. [38][39], In March 2017, Wood Group announced it would acquire the company for £2.2 billion. Industry Information AMEC FOSTER WHEELER ENERGIA SLU is located in LAS ROZAS DE MADRID, Spain and is part of the Engineering Services Industry. Amec Foster Wheeler also funded a green project in the Children's Village in Gwagwalada, Nigeria, enabling houses to become self-sufficient following the installation of solar power and water infrastructure. [11][12][13] Amec Foster Wheeler was bought by and merged into Wood Group in October 2017.[14]. This information is available in the PitchBook Platform. Amec Foster Wheeler plc was a British multinational consultancy, engineering and project management company headquartered in London, United Kingdom. Foster Wheeler was formed in 1927 from a merger of the Power Specialty Company (which replaced American Water Works Supply Company, created by Pell and Ernest Foster in 1884) and the Wheeler Condenser & Engineering Company, which was created by Frederick Merriam Wheeler in 1891.

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