Wood Group completes acquisition of Mitchells Oil Field Services
Wood Group, the international energy services company, has completed the acquisition of Mitchells Oil Field Services.
Wood Group, the international energy services company, has completed the acquisition of Mitchells Oil Field Services.
As previously announced, the $135m acquisition significantly increases the company's presence in the US Bakken shale region and is expected to be earnings-enhancing from completion.
Further earn out payments are due in the period to 2015, depending on the future performance of Mitchell.
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