Wood Group strikes £9m deal for Canadian engineer

Oil and gas services specialist Wood Group has acquired a Canadian engineering consultant in a deal worth $14.3 million (£9.1m).

The Aberdeen-based group said the purchase of Beta Machinery Analysis would strengthen its capabilities in the testing and inspection of piping systems and machinery.

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Calgary-based Beta, which employs about 100 people, specialises in vibration analysis and will operate under the Wood Group Kenny division.

The firm will continue to be led by its existing management team under president Russ Barss, who said: “With the support and strength of Wood Group, we can provide an enhanced global breadth of service to our customers.

“We are well aligned culturally, and our values are one and the same where safety, quality and integrity are major priorities.”