- Recent Work
- John Wood on the sale of its North American Transmission and Engineering Business to Qualus
Slaughter and May is advising John Wood Group plc (“Wood”) on the UK aspects of its sale of its North American Transmission & Distribution engineering business, a provider of comprehensive power infrastructure engineering for substations, transmission, distribution and renewable generation across Canada and the USA, to Qualus, a leading pure-play power solutions firm and innovator at the forefront of power infrastructure transformation, for a cash consideration of US$110 million, subject to closing adjustments and deal associated costs.
The transaction, which is consistent with Wood’s previously announced disposal programme of non-core businesses, is expected to complete in the third or fourth quarter of 2025.
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Financing