John Wood PLC sells its North American Transmission and Distribution engineering business to Qualus LLC
Type: Sale · Technology: Transmission, Other · Country: United States · Value: $110M · Announced: 2025-08-29
John Wood PLC completed the sale of its North American Transmission and Distribution (T&D) engineering business to Qualus LLC for an enterprise value of US$110 million, with approximately US$105 million cash proceeds net of transaction costs, to streamline operations and reduce debt.
Counterparties
- John Wood PLC (Seller)
- Qualus LLC (Buyer)
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