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| Willbros buys Amec's Canadian pipeline contractor Midwest  Panama-based Willbros Group, Inc. announced that one of its subsidiary companies has entered into a share purchase agreement with Amec to acquire all of the shares of Midwest Management (1987) Limited, a Canadian pipeline and facilities construction company, for approximately $17.5 million (C$18.5 million), plus working capital of approximately $3.3 million (C$3.5 million). Midwest, together with its wholly owned subsidiaries, Midwest Pipeline Rental Inc. and Midwest General Contractors Ltd., offers a complete range of services, including cross country pipeline construction, rehabilitation and maintenance, water crossings installation and replacement, and facilities fabrication. Closing of this transaction is expected to take place in the late second quarter or early third quarter of 2007.write your comments about the article :: © 2007 Construction News :: home page |