Fluor finalises acquisition of Stork

Fluor has released a statement claiming that it has finalised its acquisition of Stork Holding B.V. This follows the announcement made in December 2015 that Fluor had agreed to purchase 100% of Stork’s shares from Arle Capital Partners – a private equity firm based in the UK. Stork provides maintenance, modification and asset integrity services associated with oil and gas, chemicals, petrochemicals and power facilities.

David Seaton, the Chairman and CEO of Fluor, said: “I welcome our 15 000 new colleagues from Stork and we are excited to have them join the Fluor family.

“Fluor’s most important asset is its people, and we are fortunate to have found in Stork a company that shares the same values, pride and global heritage as we do.”

Edited from press release by David Rowlands

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/02032016/fluor-finalises-acquisition-of-stork-2067/