Babcock International Group PLC (Babcock), the UK’s leading engineering support services company, announces that it has acquired LGE Process (LGE) from The Weir Group PLC for an enterprise value of £23 million.
LGE will be combined with Babcock’s Design Services (DS) business unit, within the Marine and Technology division. DS operates in both the naval and commercial marine markets, including the oil and gas market, and has built an excellent reputation with its key customers for developing innovative and cost effective design and conversion solutions for a range of marine vessels.