Wood Group acquires Automated Technology Group
Published by Angharad Lock,
Digital Assistant Editor
World Pipelines,
Wood Group has acquired Automated Technology Group (ATG). ATG operates primarily in the UK automotive, food and beverage and airport sectors and is one of the UK’s largest independent suppliers of control and power solutions for industrial automation. In the year to March 2015 ATG generated sales of approximately £36 million.
ATG will perform within Wood Group Mustang’s Automation and Control business unit, providing Wood Group Mustang the opportunity to enter into the manufacturing automation market, complementing its current process automation capabilities.
“ATG provides many opportunities for Wood Group Mustang, including growing our automation business to include manufacturing and expanding into the food and beverage and airport markets. With a culture focused on people and innovation, ATG is the right fit for Wood Group Mustang,” said Michele McNichol, Wood Group Mustang CEO.
“Wood Group Mustang’s global resources and diversified project experience will enable ATG to undertake larger projects and access key growth opportunities outside the UK, building upon our custom solutions for our clients,” commented Andy Robinson, CEO and founder of ATG, who will continue to lead the existing management team. “This will benefit ATG both as a systems integrator for automation projects (our Autotech brand) and as a supplier of low- and medium-voltage electrical switchgear and motor controls centres (our Igranic brand).”
Edited from press release by Angharad Lock
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/22092015/wood-group-acquires-automated-technology-group-1453/
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