M&A Deal Summary

Foster Wheeler AG Acquires Three Streams Engineering

On November 28, 2012, Foster Wheeler AG acquired construction company Three Streams Engineering

Acquisition Highlights
  • This is Foster Wheeler AG’s 1st transaction in the Construction sector.
  • This is Foster Wheeler AG’s 1st transaction in Canada.
  • This is Foster Wheeler AG’s 1st transaction in Alberta.

M&A Deal Summary

Date 2012-11-28
Target Three Streams Engineering
Sector Construction
Buyer(s) Foster Wheeler AG
Deal Type Add-on Acquisition

Target

Three Streams Engineering

Calgary, Alberta, Canada
Three Streams Engineering Ltd. is a multi-discipline full service engineering, procurement, and construction management company with upstream and downstream projects located in Western Canada.

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Buyer(S) 1

Buyer

Foster Wheeler AG

Reading, United Kingdom

Category Company
Founded 1884
Sector Construction
Employees13,311
Revenue 3.4B USD (2012)
DESCRIPTION

Foster Wheeler AG is a engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment.


DEAL STATS #
Overall 1 of 5
Sector (Construction) 1 of 4
Type (Add-on Acquisition) 1 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-09 Yonkers Industries

Cary, North Carolina, United States

Yonkers Industries, Inc. is a specializes in the management of construction and commissioning of pharmaceutical and biotech facilities, with capabilities to also manage the full EPCm (Engineering, Procurement and Construction Management) of such facilities.

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