Wood Group buys BETA to boost integrity management services
Wood Group has acquired BETA Machinery Analysis in a deal valued at $14.3 million.
CALGARY, Canada – Wood Group has acquired BETA Machinery Analysis in a deal valued at $14.3 million.
BETA’s expertise in advanced vibration, pulsation stress, and dynamic analysis of piping systems and machinery during the design and production phases are key elements in integrity management and are expected to strengthen Wood Group’s capabilities in IM.
BETA’s services are seen as complementary to Wood Group Kenny, as well as Wood Group PSN and Wood Group Mustang, with its services transferable to the subsea umbilicals, risers, and flowlines (SURF) sector.
The engineering consultancy will operate under Wood Group Kenny, specifically within the Wood Group Integrity Management business.