Bilfinger set to create £400m engineering and maintenance business following UK merger
02/11/2021
Global engineering and industrial services company Bilfinger is set to create a new €400 million (approximately £337 million) turnover business following the merger of its two core UK entities.Warrington-based Bilfinger UK and Aberdeen-based Bilfinger Salamis will trade under the Bilfinger UK brand, creating one of the UK’s largest tier one contractors with 5000 employees during peak periods and 14 onshore locations across the UK’s key industrial hubs.
The move will also support Bilfinger UK’s diversification and growth strategy as it targets new markets for its services. The business will be led by Sandy Bonner, Executive President of the UK region for Bilfinger and Managing Director of Bilfinger Salamis. The merger will complete on 1 January 2022.
Sandy said: “The sectors we operate in are changing rapidly as the UK accelerates its energy transition. Combining the strengths of both businesses will create a unified proposition to respond to the shifts in market demand.
“The merger will position the company as a contractor of choice to deliver major renewable energy projects, strengthen our existing presence in our traditional markets of oil & gas and utilities and target growth in power, food and beverage, chemical and pharmaceutical.
“We’ve already been working together on projects for hydrogen plants, carbon capture facilities and onshore and offshore wind and the move will enable us to face the market as one integrated engineering and maintenance, modifications and operations business.”
Bilfinger Salamis UK is an established provider of maintenance, modifications and operations services to the oil & gas, energy, petrochemical, renewables, nuclear and utilities sectors covering onshore and offshore facilities across Europe. With bases in Esbjerg, Aberdeen, Groningen and Great Yarmouth, the business employs up to 2000 people and has supported the energy industry for almost 50 years.
Bilfinger UK is one of the UK’s leading providers of integrated engineering and technical services to the process industry, employing more than 2500 people operating across ten UK offices.
Both businesses are part of international industrial services provider Bilfinger.
www.uk.bilfinger.com
The move will also support Bilfinger UK’s diversification and growth strategy as it targets new markets for its services. The business will be led by Sandy Bonner, Executive President of the UK region for Bilfinger and Managing Director of Bilfinger Salamis. The merger will complete on 1 January 2022.
Sandy said: “The sectors we operate in are changing rapidly as the UK accelerates its energy transition. Combining the strengths of both businesses will create a unified proposition to respond to the shifts in market demand.
“The merger will position the company as a contractor of choice to deliver major renewable energy projects, strengthen our existing presence in our traditional markets of oil & gas and utilities and target growth in power, food and beverage, chemical and pharmaceutical.
“We’ve already been working together on projects for hydrogen plants, carbon capture facilities and onshore and offshore wind and the move will enable us to face the market as one integrated engineering and maintenance, modifications and operations business.”
Bilfinger Salamis UK is an established provider of maintenance, modifications and operations services to the oil & gas, energy, petrochemical, renewables, nuclear and utilities sectors covering onshore and offshore facilities across Europe. With bases in Esbjerg, Aberdeen, Groningen and Great Yarmouth, the business employs up to 2000 people and has supported the energy industry for almost 50 years.
Bilfinger UK is one of the UK’s leading providers of integrated engineering and technical services to the process industry, employing more than 2500 people operating across ten UK offices.
Both businesses are part of international industrial services provider Bilfinger.
www.uk.bilfinger.com
