We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. David Kemp, Wood’s Chief Financial Officer, said: “Future portfolio optimisation will continue to be driven by our strategic objective of building a premium, differentiated, higher margin business focused on energy and built environment end markets. wood nuclear limited 03 sep 2018 - 17 mar 2020 amec foster wheeler nuclear uk limited 12 dec 2014 - 03 sep 2018 amec nuclear uk limited 03 sep 2007 - 12 dec 2014 amec nnc limited 08 aug 2005 - … For over 30 years we have been investing selectively to improve local services and support communities. Our brilliant employees are making what once seemed impossible, possible, every day. Private limited Company. Wood’s nuclear energy business designs, delivers and maintains nuclear assets for customers primarily in the UK. John Wood Group PLC, the global engineering and consulting company, announces today that it has closed the sale of its nuclear business to Jacobs for a cash consideration of £250 million (around $325 million). The company current operating status is Active and registered office is at BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. The company current operating status is Active with registered address BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. The sale of Wood's nuclear business will also allow the company to further reduce its net debt, which is up 14% to $1.7bn compared to the first half of … The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). WOOD NUCLEAR HOLDINGS LIMITED was incorporated on 3 March 1999 (Wednesday) as a Private Limited Company in UK. History. The nuclear business Wood has divested designs, delivers and maintains strategic and complex nuclear assets, primarily for customers in the UK. There are 962 companies in the JACOBS CLEAN ENERGY LIMITED corporate family. Working with us. The transaction represents an enterprise value-to-expected pro forma calendar year (CY) 2019 adjusted EBITDA multiple of 7.9x, assuming £10 million … Active. For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. 02/09/2018 17/03/2020 wood nuclear limited 12/12/2014 03/09/2018 amec foster wheeler nuclear uk limited 02/09/2007 12/12/2014 amec nuclear uk limited 07/08/2005 03/09/2007 amec nnc limited 31/03/1989 08/08/2005 nnc limited 28/06/1973 01/04/1989 national nuclear corporation limited Nuclear. British energy services company John Wood Group has announced it is selling its nuclear business to US consultant Jacobs in a deal worth £250 million.. The Middle East is a key growth area for Wood. The sale of our nuclear business and other recent divestments have also enabled us to accelerate progress towards our leverage target.”. Transition to green: the UK’s next industrial revolution. > Nuclear. UK’s competition watchdog to investigate Jacobs’ acquisition of Wood Nuclear Limited. The business was founded by Sir Ian Wood in 1982, when it split away from JW Holdings, the largest fishing company in Scotland. Oil services firm Wood Group is said to be considering keeping Amec Foster Wheeler’s nuclear operations unit. Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, renewables, mining and general industrial sectors. Wood has been present in the Caspian region for over 20 years. Agreement on the deal was reached in August 2019, with closing conditional upon merger clearance from the Competition and Markets Authority (“CMA”) which was received on 4 March 2020. Jacobs Clean Energy Limited has been running for 47 years. Times and Star 9th Jan 2020, The proposed £250 million acquisition of a major player in the clean-up of the Sellafield site in West Cumbria could be blocked. 1105 Lakewood Parkway, Suite 300, Alpharetta Atlanta, GA 30009 Georgia United States. DALLAS, Aug. 20, 2019 /PRNewswire/ -- Jacobs (NYSE: JEC) announced today it has entered into an agreement to acquire John Wood Group's Nuclear business for an enterprise value of £250 million (approx. Company type. Our footprint in Africa continues to expand. © John Wood Group PLC 2020 Registered in Scotland No: SC36219 Registered office: 15 Justice Mill Lane Aberdeen, AB11 6EQ Scotland, UK, Environmental studies, permitting and compliance, Engineering, design and project management, Mineral resources and project assessments, Subsea, umbilical, riser and flowline (SURF), Planning clean, sustainable solutions for drinking water impacted by PFAS, Protecting public health through innovative groundwater treatment, Future workplace: rethinking industrial hygiene to keep employees safe, Future workplace: meet the heroes of industrial hygiene, Water innovation: intelligent asset management for our future, Water innovation: one week to drive down carbon, Mining towards 2050: minerals and metals for a sustainable world, Mining towards 2050: current market outlook, Future mobility: exploring the new normal, Future mobility: the changing demands of public transport, Webinar-Effective-process-training-Efficient-operations_Wood-webinar-page-350x350a.jpg, Explore the opportunities to join #TeamWood in 2020 now. Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ. Wood Nuclear Holdings … View a selection of projects that we've worked on around the world. It comes amid a planned £2.2billion mega-merger between the two companies. We combine our strong knowledge of the area, global expertise across the entire asset life cycle and experience required to operate successfully in the harsh and complex environment of the world’s largest land-locked body of water. 9 January 2020: The CMA brought the anticipated acquisition by Jacobs U.K. Limited of Wood Nuclear Limited and subsidiary and affiliated companies to the … For over 30 years we have been investing selectively to improve local services and support communities. for WOOD NUCLEAR HOLDINGS LIMITED (03725076) Registered office address. We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. John Wood Group PLC, the global engineering and consulting company, announces today that it has closed the sale of its nuclear business to Jacobs for a cash consideration of £250 million (around $325 million). Wood is strategically located throughout Latin America and the Caribbean in a variety of sectors including oil and gas, refining, chemicals, water, mining, energy, industrial plants and facilities and communications. Our footprint in Africa continues to expand. Energy service giant Wood will sell its nuclear business to US company Jacobs for £250 million. WOOD NUCLEAR LIMITED (the "Company") is a Private Limited Company, incorporated on 28 June 1973 (Thursday) in UK. Jacobs has snapped up Wood Nuclear, the nuclear services arm of Scottish energy giant John Wood Group, for £250m. About Wood. 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