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Wednesday, April 6, 2016
Wood Group acquired SVT Engineering Consultants based in Australia. This acquisition marks a significant step for Wood Group in providing a global vibration, dynamics and noise (VDN) engineering service line.
SVT, a privately-owned company with headquarters in Perth, provides piping and rotating equipment vibration, noise, integrity engineering and asset integrity services. The company was formed to pioneer the application of sound and vibration technology in the Australian resource sector. SVT’s client base now covers the onshore and offshore oil and gas market including LNG, as well as mining, power and utilities sectors.
Managing director Stewart Wharton will continue to lead the 110-strong team of personnel across SVT’s offices in Perth and Brisbane. SVT will operate within the Wood Group Kenny business.
SVT further expands the global technical expertise, which Wood Group established with the acquisition of Calgary-based BETA Machinery Analysis in June 2015 and augmented by an expert team which was established in Southampton, UK, at the end of 2015. The acquisition also enhances the geographic footprint of Wood Group’s VDN service, making it a truly global offering.
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