M&A Deal Summary

Amec Foster Wheeler Acquires OEST Associates

On November 6, 2008, Amec Foster Wheeler acquired engineering company OEST Associates

Acquisition Highlights
  • This is Amec Foster Wheeler’s 3rd transaction in the Engineering sector.
  • This is Amec Foster Wheeler’s 6th transaction in the United States.
  • This is Amec Foster Wheeler’s 1st transaction in Maine.

M&A Deal Summary

Date 2008-11-06
Target OEST Associates
Sector Engineering
Buyer(s) Amec Foster Wheeler
Deal Type Add-on Acquisition

Target

OEST Associates

South Portland, Maine, United States
OEST Associates, Inc. is an engineering and architecture firm.

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Buyer(S) 1

Buyer

Amec Foster Wheeler

London, United Kingdom

Category Company
Founded 1848
Sector Engineering
Employees40,000
Revenue 4.0B GBP (2014)
DESCRIPTION
Amec Foster Wheeler office in Houston, Texas.
Amec Foster Wheeler office in Houston, Texas.

Amec Foster Wheeler plc serves the oil & gas, clean energy, environment & infrastructure and mining markets with consultancy, engineering, project management, operations and construction services, project delivery and specialized power equipment services. Amec Foster Wheeler was formed in 1848 and is based in London.


DEAL STATS #
Overall 9 of 26
Sector: Engineering M&A 3 of 12
Type: Add-on Acquisition M&A Deals 9 of 23
State: Maine M&A 1 of 1
Country: United States M&A 6 of 9
Year: 2008 M&A 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-22 AllDeco s.r.o.

Slovakia, Slovakia

AllDeco s.r.o. is a nuclear decommissioning and reactor services. AllDeco is a specialist expertise in areas including the removal and solidification of highly contaminated waste and the provision of remotely controlled vehicles used in decontamination of decommissioned facilities.

Buy £11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-26 Performance Improvements

Aberdeen, United Kingdom

Performance Improvements (PI) Ltd. is an engineering consultancy focusing on delivering operational excellence in the North Sea. PI has a wide client base, ranging from international oil companies to new entrants, and has significant potential for international expansion into other oil and gas markets such as the Middle East, Caspian and South East Asia.

Buy -