Wood Group acquires US-based Kelchner

Wood Group has acquired Kelchner Inc, a privately-owned US-based provider of construction and energy field services.

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.

The company, which serves the energy and industrial markets providing turnkey compressor and metering stations, civil work, fabrication, roustabout and well pad and roadway construction services, generated sales of around $93m last year.

CEO Todd Kelchner will continue to lead the existing management team and approximately 375 personnel.

Dave Stewart, Wood Group PSN CEO, said: “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.

“Kelchner’s construction and energy services strongly complement Wood Group’s engineering capabilities, positioning both companies well for continued success in the region.”