Wood Group has acquired Kelchner Inc. a privately-owned US-based provider of construction and energy field services for an undisclosed price.
Wood Group said Kelchner will operate within the onshore business of Wood Group PSN Americas, providing construction capabilities primarily to the midstream and upstream oil and gas sector in the Marcellus and Utica shale basins and broader industrial sectors.
Kelchner serves the energy and industrial markets by providing turnkey compressor and metering stations, civil work, fabrication, roustabout and well pad and roadway construction services.
“The acquisition of Kelchner adds to Wood Group’s geographical footprint in the major US shale regions, extending our presence to Marcellus and Utica, where we will leverage Kelchner’s 65 years of expertise to enhance our client service provision,” Wood Group PSN CEO Dave Stewart said.
In 2014, Kelchner generated sales of about $93 million, UK-based Wood Group said.
Kelchner operates from headquarters in Springboro, Ohio, and other locations in the Eastern United States.
“Joining Wood Group PSN, a company that shares our values and culture, positions us for future success as we continue to strive to exceed our clients’ expectations,” Kelchner CEO Todd Kelchner said.