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Wood Group disposal of US-based Turbopower

5th Apr 2012 09:44

5 April 2012

Wood Group disposal of US-based Turbopower

Wood Group today announces the sale of its US-based aero engine maintenance provider, Wood Group Turbopower LLC to CPR Aerospace, Inc. The business has been reported as discontinuing for several years. The gross assets of the business disposed were $18.7m.

-ends-

Note to Editors:

Wood Group is an international energy services company with $6bn sales, employing more than 39,000 people worldwide and operating in 50 countries. The Group has three businesses - Engineering, Wood Group PSN and GTS - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide. www.woodgroup.com

For further information contact:

Bobbie Ireland, Corporate Communications - Americas, Wood Group

Tel: +1 281 828 3505, Cell: +1 713 515 3571, email: [email protected]

Carolyn Smith, Corporate Communications - Eastern Hemisphere, Wood Group Tel: +44 (0) 1224 851099, email: [email protected]

www.woodgroup.com

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