Add-on Acquisition • Engineering

Fluor Acquires UNEC Engineering N.V.

On November 24, 2008, Fluor acquired engineering company UNEC Engineering N.V.

Acquisition Context
  • This is Fluor’s 2nd transaction in the Engineering sector.
  • This is Fluor’s 1st transaction in Belgium.

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M&A Deal Summary

Date November 24, 2008
Target UNEC Engineering N.V.
Sector Engineering
Buyer(s) Fluor
Deal Type Add-on Acquisition

Target Company

UNEC Engineering N.V.

Antwerp, Belgium
UNEC Engineering N.V. focuses on small capital projects and plant engineering work.
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Buyer Overview 1

Buyer

Fluor

Irving, Texas, United States

Category Company
Founded 1912
Sector Engineering
Employees26,866
Revenue 16.3B USD (2024)
DESCRIPTION
Fluor's campus in Greenville, South Carolina.
Fluor's campus in Greenville, South Carolina.

Fluor provides engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries around the world. Fluor develops and implements solutions for complex project issues in diverse industries, including chemicals and petrochemicals, commercial and institutional (C&I), government services, life sciences, manufacturing, mining, oil and gas, power, renewable energy, telecommunications, and transportation infrastructure. Fluor was founded in 1912 and is based in Irving, Texas.


Deal Context for Buyer #
Overall 5 of 8
Sector: Engineering 2 of 4
Type: Add-on Acquisition 3 of 4
Country: Belgium 1 of 1
Year: 2008 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-24 Europea de Ingenieria y Asesoramiento

Tarragona, Spain

E.I.A specializes in plant modifications, engineering and small capital projects.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-07 Goar Allison & Associates

Tyler, Texas, United States

Goar, Allison & Associates, Inc., a process engineering company and a provider in the development and promotion of improved sulfur recovery technologies for the energy industry. Offers a broad spectrum of process engineering capabilities in sulfur recovery and processing.

Buy -