Acquisition
Wood Group (John) PLC
04 August 2004
Mustang Engineering Acquires Ellipsys, Inc.
Mustang Engineering, L.P., ('Mustang') a subsidiary of John Wood Group PLC
('Wood Group'), has acquired Ellipsys, Inc. ('Ellipsys'), a Houston-based
systems integrator and provider of advanced application software and
implementation services to the process and manufacturing industries. Ellipsys
had revenues of $2.5 million for the year ended December 31, 2003, and net asset
value at completion was $350,000.
Note to editors
Wood Group is an international energy services company with $2.0bn sales,
employing more than 13,000 people worldwide and operating in 34 countries. The
Group has three businesses-Engineering & Production Facilities, Well Support,
and Gas Turbine Services-providing a range of engineering, production support,
maintenance management and industrial gas turbine overhaul and repair services
to the oil & gas, and power generation industries worldwide.
Mustang Engineering, a Wood Group company, is an independent services provider
to the domestic and international oil, gas and chemical industries. Mustang
specializes in design, engineering, procurement, project management and
construction management of upstream oil and gas facilities and structures,
midstream projects, process plants, petrochemicals and chemicals,
pharmaceuticals, pipelines, and automation and control projects. Capabilities
range from feasibility studies through startup for both onshore and offshore
projects. Mustang has offices in Houston, Texas; Tampa, Florida; Birmingham,
Alabama; Savannah, Georgia; Monroe, Louisiana; Martinez, California; Columbus,
Ohio; and Philadelphia, Pennsylvania.
For enquiries please contact
Nick Gilman, Investor Relations Manager, Wood Group
Tel: +44 (0) 1224 851404, e-mail: nick.gilman@woodgroup.com
Carolyn Smith, Corporate Communications Manager, Wood Group
Tel: +44 (0) 1224 851099, e-mail: carolyn.smith@woodgroup.com
Bobbie Ireland, Director, Corporate Communication-Americas, Wood Group
Tel: +1 281 828 3505, e-mail: bobbie.ireland@woodgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange