WSG Energy Services (WSGES) has expanded operations in North America by acquiring Servco Industrial Contractors (SIC) for an undisclosed sum.
British Columbia-based SIC, part of the ServcoCanada group, specializes in mechanical, electrical, demolition, and general industrial services and is active in multiple industrial sectors.
WSGES has an existing relationship with SIC as a partner in Kitamaat Technical Services Group (KTSG), which was formed to target opportunities in Canada’s burgeoning LNG industry.
More than 260 Kitimat-based staff will join the WSGES family when SIC is renamed WSG Energy Services Canada, including founder John Gordon, who is taking on the role of President – Canada.
WSGES is the largest independently owned provider of process, pipeline, and industrial services to European refinery and LNG terminal sectors and globally employs more than 1,000 people in the UK, Europe, the Middle East, Asia, and Australia.
WSGES forecasts an increase in its Canadian workforce to 400 personnel in the next 18 months as it continues to secure additional work, and the company is on track to increase Canadian annual revenues from CAD 50M to CAD 70M over the same period.
The transaction will solidify WSGES’s ambitions to establish a robust infrastructure in North America and to leverage opportunities across Canada while also playing a role in the emerging LNG and clean energy (hydrogen) sector.