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Article: Foster Wheeler Completes Acquisition of Assets from Atlas Engineering.
- Article from:
- Journal of Engineering
- Article date:
- November 11, 2009
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Foster Wheeler AG (Nasdaq: FWLT) announced that its Global Engineering and Construction Group has completed an acquisition of the majority of the assets of Atlas Engineering, Inc., a Houston-based firm engaged primarily in engineering design, project and construction management services for upstream oil and natural gas production and processing.
Foster Wheeler did not disclose the terms of the transaction.
"This acquisition represents yet another building block in our ongoing objective to increase our technical capabilities in the upstream oil and gas business - and to develop a stronger and expanded global platform to serve this market," said Umberto ...