Ogier in Jersey has assisted Kentz Corporation, the holding company of the Kentz engineering and construction group, on its acquisition by SNC-Lavalin Group for an overall purchase price of approximately £1.2bn.
Kentz Corporation is a global engineering specialist solutions provider, with 15,500 employees operating in 36 countries worldwide. It has provided engineering, construction and technical support services to clients in the energy and resources sectors for more than 90 years.
SNC-Lavalin is an engineering and construction group and a major player in the ownership of infrastructure. According to the company, the acquisition of Kentz transforms SNC-Lavalin’s oil and gas capabilities, with end-to-end expertise for large and complex projects in the upstream, liquefied natural gas, unconventional (shale gas and oil sands), pipelines, offshore jackets and steam-assisted gravity drainage sectors.