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People & Business :: M&A
Foster Wheeler acquires Mexico engineering company
11:20 AM MDT | June 4, 2013 | Lindsay Frost
Foster Wheeler announced today that it has acquired NorthAm Engineering (Monterrey, Mexico), a privately held engineering company. NorthAm is a Mexican engineering and project management company working in upstream, offshore and onshore, downstream, and power projects. The company has operations in Monterrey; Mexico City; and Poza Rica, Mexico, with about 400 employees. “The acquisition of NorthAm is part of our stated strategy to grow our upstream capabilities and the geographic footprint of our global engineering and construction group,” says Kent...
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